#AUDJPY 4 HR Elliott Wave Update
The 4 HR Elliott Wave Update is showing circle WXY down for the a wave of the larger B correction. 81.85 is a perfect to equal legs down for (W) and (Y) of circle Y. 81.40 would be to equal legs down for circle W and Y.
Note that the RSI has been diverging for the last month with each new low in price. A move above 82.89 would lead me to believe that the b wave up has started.
AUDJPY 4 HR Elliott Wave Count