AUDJPY completed an impulse bearish move at the 79.00 region. Then it was filled by a bullish 5 wave count which ended at 81.655, we then witness a corrective structure in form of a falling wedge, this corrective structure may be wave (ii) or wave (b), Therefore, with the confirmation by the breakout of the wedge pattern we anticipate a bullish move to a minimum of 82.00 region
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.