AUDJPY: starting of the third wave

Long

Australian Dollar / Japanese Yen (FX:AUDJPY)

FX:AUDJPY Australian Dollar / Japanese Yen

trendanalysis elliottwaves audjpy audjpylong elliottwaveforecasts forex forexsignals forextrading currencies

After an impulsive move the pair went through a complex correction. The present rally looks like an impuslive suggests that AUDJPY is in the phase of unfolding its 3rd wave. Remember the 3rd wave is the strongest one.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com

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