ew-forecast
Short

AUDJPY : Price In A Temporary Correction

FX:AUDJPY   Australian Dollar/Japanese Yen
AUDJPY             has continued to the lower side of our channel line, breaking beneath it at 88.458, thus suggesting more weakness could follow after any temporary pullback. Recent leg up to around 89.132 could be wave a of an a-b-c correction in black wave 2, that could reach the fibo. level of 61.80% before continuing lower in sessions ahead.

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