AUD/JPY Technical Outlook: Wave 5 Completion in Sight

625
In AUD/JPY, the 4th wave has been completed, and the 5th wave is in progress. According to Elliott Wave theory, there is a high probability of the market continuing its downward movement.

Regarding potential targets, the price may reach 88.151 and 87.365 on the downside. However, a bullish move could also emerge if the market breaks above 89.645.

Trade closed: target reached
both targets are reached

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