AUD/JPY has just dropped off sharply along with equities and gold. I have taken a short based on this very bearish count, with a stop at 0.86. The sharp decline is typical of a 3rd of a 3rd wave so I have a reasonable amount of confidence in this chart. Either way risk is fairly minimal (60 pips). Target level is to be determined at a later date. The next zone of support once 0.85 breaks is not until 0.84. I hope you've all had a profitable week - it's been a tricky one! Have a wonderful weekend.
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