澳元/日圓
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AUD/JPY correction due

54
With price failing to establish higher high and higher low, I believe a correction is due. It's clearly now we have several rejections from a major SNR and the likelihood price will go down at least for a short period. As MA 50 D has been acting as SNR since Nov 2020, I think price will go down as far as 83.953 or perhaps 82.925 before the trend is established again.

I will be very careful with all the J pairs as most of them have been up trending for a long period and some of them seems due correction such as E/J and N/J.

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