As mentioned in the previous two post, the 72.00 area is critical for the AUDJPY. On the 4 HR count I have the wave count invalid at 71.735, below that and we have a simple ABC up with a possible ABC down in the making. A more bearish count would be the 1-2 down rather than the (a) (b) (c).
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| AUDJPY 4 HR Elliott Wave Count |