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09.10.202406:34 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday October 09, 2024.

Relevance up to 23:00 2024-10-09 UTC--4
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Exchange Rates 09.10.2024 analysis

With the breaks of the 100.53 level and the confirmation of the appearance of deviations between the price movement of AUD/JPY and the MACD Histogram indicator, in the near future AUD/JPY has the potential to weaken where the 98.49 level will be tested to be broken as long as there is no correction to strengthen again until it breaks and closes above the 100.92 level, then AUD/JPY will continue to weaken to the 97.65 level, even if the momentum and volatility support it, the 96.77 level will be the next target to be aimed for.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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