AUD/JPY falling inside intermediate impulse wave (3)

AUD/JPY falling inside intermediate impulse wave (3)

  • AUD/JPY falling inside intermediate impulse wave (3)
  • Next sell target -81.10

 AUD/JPY has been falling in the last few trading sessions inside the intermediate impulse wave (3) – which started earlier from the resistance area surrounding the major multi-month resistance level 84.00 (which has been reversing the price from March). Having recently broken the support level 82.60 - AUD/JPY is expected to fall further toward the next sell target at the next support level 81.10 (low of wave B).

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