The global exchange rate of the cross-over pair "Aussie" / Japanese yen since November 2014 is set by a bearish trend. The last, actual for today wave design has formed a distinct descending zigzag. The price reached the upper limit of the nearest settlement support zone. Since the wave structure has not been completed to date and there are no signals, the zone can be called intermediate.

Since the middle of last month, the price began its slipping into another round of downward movement. If the lateral flute is still possible in the next few days with attempts to increase the rate, then by the end of the week bearish sentiment is expected to grow. Price reduction at any time can take an impulse. The lower support zone demonstrates the most expected lower bound of the weekly volatility of the pair.

The boundaries of resistance zones:

- 82.60 / 83.10

The boundaries of support zones:

- 80.90 / 80.40

- 79.20 / 78.70

Explanations to the figures: For simplified wave analysis, the simplest type of wave is used in the form of a zigzag, combining 3 parts (A; B; C). Of these waves, all kinds of correction are composed and most of the impulses. At each time frame, the last, incomplete wave is analyzed.

The areas marked on the graphs are indicated by the calculation areas, where the probability of a change in the direction of motion is significantly increased. Arrows indicate the wave counting according to the technique used by the author. The solid background of the arrows indicates the structure formed, the dotted one indicates the expected wave motion.

Attention: The wave algorithm does not take into account the duration of the tool movements in time. The forecast is not a trading signal! To conduct a trade transaction, you need to confirm the signals of your trading systems.