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23.04.202506:37 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday, April 23, 2025.

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Exchange Rates 23.04.2025 analysis

With the appearance of Divergence between the price movement of the AUD/JPY cross currency pair with the Stochastic Oscillator indicator and the price movement of AUD/JPY which is above the WMA (30 Shift 2) which also has an upward slope, so that based on these two facts AUD/JPY has the potential to strengthen upwards where the Equal High level of 91.25 will be tested to be broken and close above it. If successful, then AUD/JPY will continue its strengthening to the level of 92.06 and if the volatility and momentum of its strengthening support then AUD/JPY will continue its strengthening again to the area level of 93.01-93.59 but if on its way to these target levels suddenly AUD/JPY correction weakens down to break and close below the level of 89.58 then all the previously described downward scenarios will become invalid and canceled by themselves.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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