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AUDJPY EW Count

Australian Dollar / Japanese Yen (FX:AUDJPY)  
fxgraffiti  
FX:AUDJPY   Australian Dollar / Japanese Yen
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The correction in AUDJPY may not be quite done just yet. We could see a false breakout over the 0.5 retracement with rejection at the declining TL and an eventual decline to retest the 0.618 support level.

Any views on the plausibility of this scenario?

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