AUD/JPY hits new highs following Elliott Wave double three pattern

In this technical article we’re going to take a look at the Elliott Wave charts of AUDJPY Forex pair published in members area of the website. As our members know AUDJPY is in overall bullish trend. Recently the pair made a clear three-wave correction. The pull back completed as Elliott Wave Double Three pattern and made rally toward new highs.
In this discussion, we’ll break down the Elliott Wave pattern and forecast.

Elliott Wave double three pattern

Double three is the common pattern in the market. It’s a reliable pattern which is giving us good trading entries with clearly defined invalidation levels.
The picture below presents what Elliott Wave Double Three pattern looks like. It has (W),(X),(Y) labeling and 3,3,3 inner structure, which means all of these 3 legs are corrective sequences. Each (W) and (Y) are made of 3 swings , they’re having A,B,C structure in lower degree, or alternatively they can have W,X,Y labeling.

AUD/JPY Elliott Wave One-hour chart 10.15.2025

AUDJPY is forming a double three pull back.   The first leg, shows a 3-wave structure ((a)),((b)),((c)) black, followed by a 3-wave bounce in x . We expect to see another 3 waves in y red leg. We advise against selling $AUDJPY and instead favor the long side from the marked equal legs area: 96.268-95.509.

AUD/JPY Elliott Wave one-hour chart 10.15.2025

AUDJPY found buyers at the equal legs zone as expected. The forex pair has reacted strongly and eventually we got a break toward new highs. Now, intraday pull backs should ideally keep finding buyers as far as 96.258 pivot holds. Check out our other AUDJPY technical article on a short-term view.