AUDJPY is reaching a point where a major move will most likely be coming this week. I can see it going bearish due to a lot of fundamental reasons but I can also see it going bullish. I reasoning for it going bullish would from a elliott wave analysis, according to my count (could be wrong I'm an amateur) we should entering Wave 5, or from a big picture look Leg C. You can check on prior ideas if you want to see my overall elliot count. Anyhow if price breaks north I'm targeting 80, if it goes south 72 for initial. Let me know what you think...
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