AUDJPY - Looking for short term downside potential
Price has rally in a 5-wave structure from the low of 81.50 to the high of 89.42 from April to July this year, and we are now seeing a potential 3 waves correction lower towards 85.48 and 83.96 area.
As long as price remains correctively below 89.42, our bias remains to the downside.
As long as price remains correctively below 89.42, our bias remains to the downside.