AUDJPY : Correction Can Be Underway

AUDJPY has been trading as planned, breaking the lower corrective trend line and resulting in nice impulsive manner. Because we can count five waves within this downfall from 90.74 we expect a new correction in days ahead. Recent bullish rally towards 83.539 can be blue wave A-circled, the first leg of a three wave correction, so expect more gains after wave B-Circled is completed.

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