AUD/JPY falling inside minor C-wave

AUD/JPY falling inside minor C-wave

  • AUD/JPY falling inside minor C-wave
  • Next sell targets - 85.70 and 85.00

AUD/JPY continues to fall inside the minor C-wave of the intermediate ABC correction (4) - which started earlier from the resistance zone surrounding the resistance level 89.50. The price recently broke the support trendline of the sharp daily up channel from the start of June – which strengthened the bearish pressure on this currency pair. AUD/JPY is expected to fall further to next sell target at the next support level 85.70 (low of wave 4) – the breakout of which can lead to further losses toward 85.00 (former resistance from June).


Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera