Thursday, January 16, 2020

#AUDJPY Daily #ElliottWave Count

AUDJPY Daily Elliott Wave Count

The AUDJPY has what looks like a nice five wave move up that took the shape of a Leading Diagonal, it started at 69.96 and ran up to the 76.32 area before pulling back again.  I am looking for a minimum 3 wave correction before turning back higher again back above the 76.32.  At this point I only see one leg down from the high and hope to see the other leg down start soon.  

AUDJPY Daily Elliott Wave Count
AUDJPY Daily Elliott Wave Count