AUDJPY is aiming to close this quarter above 80.185. However could not leave behind unfinished waves. So, it must go until 78.792 or less for now. wave 1 down has already marked the 78.792 point as destination.
It seems the pair is unable to break past 79.20. what do you think, will it take a reverse now towards 80.0 ?
Caipora
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It must do a wave up to stop at around 78.792, what I call the stop wave - some guys call it the 4th wave. Now trying to form that wave. After that wave is done and starts going up, maybe I can make some update.