AUD/JPY Continuation?

AUD/JPY Bullish: Currently we are at 78.52 in a bullish flag pattern in a 5th wave. We are looking for a continuation to the ATR Target of 76.28 and then to the 1.270 Fibonacci at 76.91 completing the wave. The average daily true range (ATR) for the pair currently is 55 pips but its 180-day ATR is 73 pips a day.

audjpy

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