09.07.26 Daily ForecastAustralian Dollar vs. Japanese YenFX:AUDJPYJordanWillsonPairs on Watch - AUDJPY : Interesting price action on this pair as it is prime for the longs where it is currently sitting, however we have two areas to work with for an entry. Either price fills the base where it currently is, holds on the 15M / provides a 1H risk entry and we get long. If not and price drops through, we could be looking more at the 4H base lower down for an entry, which may take a little more time to shape up. CADJPY : This pair is positioned really nicely for both the long and short. We can see on the daily timeframe that price has built a deliberate continuation structure for the sells, but also given us an impulsive last leg. This could mean that we see either a bullish continuation form at the third touch, where we can look for the buys. Or, price drops through the 1H base, forms continuation on the lower timeframe and we get short.