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11.10.202305:51 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday, October 11 2023.

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Exchange Rates 11.10.2023 analysis

On the 4 hour chart, AUD/JPY Cross Currency pairs seems moving above its WMA (30 shift 2) followed by CCI indicator which manages to break above its three important main level so that if there is no correction downward which breaks below the level 94,28, then in the near future, AUD/JPY will try to go up to test the level 95,73. If this level successfully broken above, then the level area 96,15-96,50 will be the main target from AUD/JPY to be addressed.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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