AUD/JPY Trading Analysis (27/08/2025)
The trend is down. The forex pair is trading within a range of 365 and 135 EMAs. The ascending wave structure is truncated. There is bearish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an overbought condition.
Trade idea:
- Sell when the descending wave structure begins forming and wave A breaks the sloping channel of the truncated ascending structure.
- Stop-loss over the local maximum of the ascending structure at 96.00.
- Price targets are 95.360 and 94.580.
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