OANDA:AUDJPY   Australian Dollar / Japanese Yen
Looks like AJ Completed a wave 2 pullback at the .618 retracement of Wave 1. The RSI Is clearing showing bullish engulfing, while last week's four hour close was very bullish behind strong buy volume. This could be the start of our wave 1 within a wave 3, in which case many speculators look to buy in a 'three of three' sequence. If AJ shows signs of a wave 1 followed by a zig-zag ABC wave two, I will be looking to get in long for the 'three of three' . Updates will be posted below, Good luck all!
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