AUDJPY more downside, THEN major reversal

FX:AUDJPY   Australian Dollar / Japanese Yen
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AUDJPY             is comparable to EURJPY             and USDJPY             for that matter. However short term we have to deal with strong bearish movements that will present sell opportunities on lower time frames after a consolidation. The wave count is indicative (orange) but for now this is my preferred scenario. Updates will follow for trade set-ups on lower time frames.


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Comment: Short term trade opportunity
Very clear wave counting, like it.
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