If we look at the 4-hour chart of the AUD/JPY cross currency pair, there are several interesting things, namely, first, the price movement is moving within the Bullish Pitchfork channel and second, the appearance of divergence between the price movement and the Stochastic Oscillator indicator which is also confirmed by the price movement of AUD/JPY which is moving above EMA (10) so that based on all these facts, this cross currency pair in the near future has the potential to strengthen up to the level of 93.62 as its main target and if the volatility and momentum of its strengthening support it, then 94.28 will be the next target to be tested, but all of these strengthening setups will be invalid if suddenly there is a weakening correction that breaks through and closes below the level of 91.76.
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