AUDJPY

Very interesting this. That definitely looks like a diagonal to me and as such would count as a 'b' wave preceding another move down..... but, it has spent its time moving steadily through all the intraday 'flds' seen clustered there in charcoal, right under the the 12.5d trend line (electric blue). Price is trying to roll the 25D MyWave in my opinion, (note the red bar has ceased under price today and is waiting to go blue me thinks!!) in line with the cyclic phasing calling for a 54month cycle end today, and a sharp move up to the 3.125fld and then the 6.25fld at top of chart, should dispel any thoughts otherwise. If the 6.25fld gets tagged, look to the bigger chart for how the monthly fld cloud in gold will suck up the price all the way to the blue 200fld at 96.00 - lovely jubbly.