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18.06.2025 07:44 AM
Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday June 18, 2025.

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With the appearance of Divergence between the price movement of AUD/JPY with the Stochastic Oscillator indicator on the 4-hour chart and the price position which is still above the WMA (21) that has a steep slope, then AUD/JPY has the potential to appreciate upwards in the near future where the level of 94.80 will be attempted to be broken and close above it. If it is successful, then AUD/JPY has the potential to continue its strengthening back to the level of 95.79 as its main target, and if the momentum of strengthening and its volatility support, then the area level of 96.60-96.99 will be the next target to be aimed for as long as there is no significant weakening correction, especially if there is a weakening correction that makes AUD/JPY breaks and close below the level of 92.35 because it will make all the strengthening scenarios that have been described previously invalid and canceled by themselves.

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Arief Makmur
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