See also
19.03.2025 07:04 AM
On the 4-hour chart, the AUD/JPY cross currency pair appears to be moving in a strengthening condition, which is indicated by its price movement moving harmoniously within the Bullish Pitchfork channel, but with the appearance of Divergence between the AUD/JPY price movement and the Stochastic Oscillator indicator, it gives an indication that there is a potential for a weakening correction, but as long as the correction does not fall until it breaks through and closes below the Bullish Pitchfork Lower Line level and/or below 94.00, it will actually be a good strengthening momentum for AUD/JPY which will make this currency pair potentially continue its strengthening appreciation to the level of 96.11 and if the strengthening momentum and volatility support it, the Middle Line Pitchfork and/or 97.67 will be the next target for AUD/JPY.
(Disclaimer)
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
