AUDJPY currency pair under the bearish pressure after previously breaking the support area located between the round support level 80.000 (previous monthly low from July, which stopped the previous impulse (A) and the 50% Fibonacci retracement of the previous multi-month upward impulse from the end of October. Given the prevailing uptrend – AUDJPY currency pair can be expected to fall further toward the next support level 79.000 (previous monthly low from January and the target price for the completion of the active minor impulse wave 3)
