FX.co ★ Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday December 04, 2024.

If we look at the 4-hour chart of the AUD/JPY currency pair, it appears that a deviation pattern has appeared between the price movement of this currency pair and the Stochastic Oscillator indicator, so based on this indication, AUD/JPY in the near future has the potential to move up and up, where currently the 96.85 level will be tested and if this level is successfully broken and closes above it and as long as there is no weakening correction that breaks and closes below the 95.88 level, AUD/JPY will continue to strengthen to the 98.29 level and if the momentum and volatility support it, the 99.52 level will be the next target to be aimed for.

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