AUD/JPY Correction?

AUD/JPY – Bullish: Currently we are @ 0.7285. We are looking to finish the abc corrective move in the 81.30-81.50 area and then look for a continuation to the square up @ 0.7336 and then a small pullback before continuing a 5th wave to the 1.618 Fibo/R5 @ 83.41-50 area. The average daily true range (ATR) for the pair currently is 79 pips.

audjpy

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