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FX.co ★ Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 21, 2025.

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Forex Analysis:::2025-05-21T04:25:18

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 21, 2025.

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 21, 2025.

Although on the 4-hour chart the AUD/JPY cross currency pair is weakening, it seems that this weakening is only a momentary correction as long as it does not break through and close below the 91.47 level, then there is the potential for AUD/JPY to strengthen again to the 93.79 level and if the momentum and volatility support it, AUD/JPY will head to 94.62 where this strengthening has been confirmed by the appearance of Divergence between the AUD/JPY price movement and the Stochastic Oscillator indicator.

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Analyst InstaForex
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