audjpy -- corrective, to buy

FX:AUDJPY   Australian Dollar / Japanese Yen
7 0
This pair has drawn out three waves down from the last high. It may be forming an ending diagonal here for another move higher. There are several factors suggesting another impulse up to come -- fibs, divergence, monthly structure (ED). Very good R/R here. For a safer trade, buy on a break of the trendline from 81.46.
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