AUD/JPY Trading Analysis (21/09/2023)

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state. The price is fluctuating between 365 and 135 ЕМА on the H1 timeframe.
 

Trading idea:

Buy at the breach of 95.130.

Stop-Loss: 94.930.

Target price levels: 95.310, 96.000.

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