AUDJPY NICE BULLISH SETUP

AUDJPY completed an impulse bearish move at the 79.00 region. Then it was filled by a bullish 5 wave count which ended at 81.655, we then witness a corrective structure in form of a falling wedge, this corrective structure may be wave (ii) or wave (b), Therefore, with the confirmation by the breakout of the wedge pattern we anticipate a bullish move to a minimum of 82.00 region

The invalidation level for this setup is 80.164