FX.co ★ Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday, September 27 2023.

If we look on the 4 hour chart of AUD/JPY cross currency pairs, there is the price movement which moves to the Bullish Fair Value Gap area at 95,02-94,66 if this level area is strong enough to hold the rate of the decline of AUD/JPY, then in the nearest time this currency pairs rally will appreciate again, rising above the level to test the 96.01 level while on its way to that level, AUD/JPY will fall again until it penetrates below the 94.48 level because if this level is successfully breaks below, the upward rally scenario will become invalid.

(Disclaimer)