Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday, January 24 2024.

With the appearance of the deviation between price movement with Stochastic Oscillator indicator on the 4 hour chart of AUD/JPY cross currency pairs gives the clue that in the near future, AUD/JPY has the potential to strengthen up to the level 97,74 as the initial target and 80,00 as the next target to be aimed. But if on the way to those targets suddenly AUD/JPY corrected to weaken until down below the level 96,53 then the strengthening scenario that has been described before will cancel itself.

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