The AUDJPY has been holds the 72.00 area as support for over 10 years. I believe if that gives then the 55.00 area will be tested in the years to come. You can see a Head and Shoulders pattern as well as the wedge indicated by the red and green lines. For now, the 69.96 low needs to hold IF it is going to move higher.
 |
| AUDJPY Weekly Elliott Wave Count |