Hi traders,
AUDJPY has broken a key trend line to the downside and has possibly finished a 5 wave structure higher.
We could be set for a ABC structure lower, also known as a corrective wave.
Next week we will see the RBA provide their next interest rate decision, although rates are expected to be kept on hold this may cause some volatility.
Any thoughts and questions let us know below
AUDJPY has broken a key trend line to the downside and has possibly finished a 5 wave structure higher.
We could be set for a ABC structure lower, also known as a corrective wave.
Next week we will see the RBA provide their next interest rate decision, although rates are expected to be kept on hold this may cause some volatility.
Any thoughts and questions let us know below