I like the confluence of signals here, conspiring for a major bottom in $AUDJPY. Weekly down trends have expired, daily is oversold and turning up from an already completed down trend and sentiment has been tremendously negative in this pair. I suspect a major turning point happened last week in small caps and currencies and other beaten down assets, like China stocks, etc.
Worth a small shot with low risk here, stop loss at last week's low is fine, don't risk over 2%, perhaps 0.25% is fine.

Cheers,

Ivan Labrie.