a quick aud/jpy results in a small loss

The spinning top of 4/14 setup the anticipated reversal. Price plunged 4/17 on falling oil prices and Yen strength. By the morning of 4/18 however the sentiment had reversed as had the Yen. Equities followed with a bullish day, and the short-term trader's posture is confident and as such negative for the Yen.

We will be watching closely for another entry if this is a one day move against the broader trends. If sentiment is improved, then other opportunities will arise.