Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday February 19, 2025.

parent
Forex Analysis:::2025-02-19T05:26:40

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday February 19, 2025.

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday February 19, 2025.

With the appearance of Convergence between the price movement of AUD/JPY and the Stochastic Oscillator indicator, it confirms that in the near future AUD/JPY has the potential to strengthen where the 97.00 level will be attempted to be broken and closed above it. If successful, AUD/JPY has the potential to continue strengthening to the 97.27 and 97.67 levels as the next targets if the strengthening momentum and volatility support it, but if on its way to these strengthening targets, there is a sudden weakening correction that breaks and closes below the 95.75 level, then all the strengthening scenarios that have been described will be invalid.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...