# AUDJPY Pullback Near Support

> AUDJPY may rebound as Elliott Wave suggests key support holds.
- Title: AUDJPY Pullback Near Support · TradingView | Shortify
- Summary: AUDJPY may rebound as Elliott Wave suggests key support holds. AUDJPY could rise if it holds 109-108 support after a corrective pullback.
- Keywords: audjpy, elliott wave, corrective pullback, support, saxo, forex, business, finance, Pullback, Near, TradingView
- Source: TradingView — https://tradingview.com/chart/AUDJPY/AA7FtYug-AUDJPY-Elliott-Wave-Corrective-Pullback-Approaches-Key-Support
- Published: 2026-10-16T14:21:50+00:00
- Read time: 1 min
- Topics: audjpy, elliott wave, corrective pullback, support, saxo, forex, business, finance
## AUDJPY in bullish impulse
AUDJPY is in a strong five-wave bullish impulse that looks unfinished.
## Price trapped in sideways range
The pair has turned lower but remains trapped within a broad sideways range.
## Corrective pullback approaches support
This could point to another rebound toward year end as the pair pulls back into 109-108 support.
## Key support at former wave 4 swing low
If support holds, a bullish reversal could set the stage for higher prices before year end.
## Key takeaway

AUDJPY could rise if it holds 109-108 support after a corrective pullback.