Market is just ended Elliott Waves correction pattern abc and got in to strong resistance zone. If the bulls will be weak continuation of Elliott impulse wave pattern short is expected. Fibonacci 38.6% level of last price swing is in the middle of resistance, as a confirmation of strong zone. We can see two strong support zones.
ABCAUDJPYaudjpyshortcontinuationcorrectioncorrectivewaveelliottwaveretracementElliott WavefibFibonacciFibonacci RetracementSupport and Resistance

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