AUDJPY recently broke above the key resistance level 75.000 (which has been steadily reversing the price from the middle of June, a can be seen below). The breakout of the resistance level 75.000 accelerated the (c)-wave of the minor ABC correction (b) from June. Given the powerful and rising bullish Australian dollar seen cross the FX markets today – AUDJPY is likely to extend the gains toward the next resistance level 76.650 (former monthly high from June and the forecast price for the completion of the active wave (b)).