USDJPY went more complex, but still corrective from the 110.67 high. Its an overlapping decline with an open gap at 110.20, so we definitely expect a bounce this week, while price is above 108.25.
USDJPY, 1H
Regarding commodity pairs, AUDUSD can again become very interesting for a new breakout as we see a triangle in final stages in current red wave 4). An a-b-c decline can get down to 0.7900 where downside may be limited this week.
AUDUSD, 1H
