AUDJPY is trading in downtrend Price broke corrective uptrendline Strong bearish wave (a) ended at level 81.35 then corrective bullish wave (b) rejected from key level corresponding to 50% Fibonacci level at 82.75 Below SMA 100 MACD shows bearish momentum we r waiting price to break support level at 82.05 to open short trade It's expected forming bearish wave (c) to target support level at 80.00