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Although on the 4-hour chart AUD/JPY has the potential to be corrected to weaken, which is confirmed by the condition of the Stochastic Oscillator indicator which is in an Overbought condition, but as long as the correction does not break and close below the 92.00 level, AUD/JPY has the potential to strengthen again to the 93.38 level and if the volatility and momentum of the strengthening support it, 93.62 will be the next target to be aimed for.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
On the other hand, if Bitcoin consolidates above the 7/8 Murray level, it is likely that it will reach the strong resistance of the 8/8 Murray level located at $112,500
If gold recovers above the 200 EMA at 3,327, we could expect a pullback to 3,345. This area represents strong resistance and could be seen as a selling opportunity
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