AUDJPY Daily Elliott Wave Count
I am sticking with the Leading Diagonal here although I may have tried to call it complete a bit early.
The pair is currently testing the last swing high correction in the 76.00 area. I would expect one more pop higher toward 77.00 for a 5th wave before the (b) wave correction lower starts.
The alternate count here would be the WXY correction and even with that I would expect the pop higher before the pullback. The pullback with the WXY would have to stay above the 73.35 wave iv low as that would be the X wave of the WXY. The leg up from the 73.35 low I would label as A of the Y wave.
AUDJPY Daily Elliott Wave Count |