AUDJPY: Hidden Bullish Divergence

AUDJPY, Daily

AUDJPY is navigating within a trendline and is currently faces the 97.50 resistance level, aligned with the 38.2 Fibonacci ratio.
The RSI shows a bullish hidden divergence and leaved from the oversold zone, wile the price breaks above the DEMA and TEMA.

If the price breaks above the 97.50, it will trigger a rise to 102.10 resistance.
However, breaching below the 95.70 will drop the asset the 90.20 level.

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Author: Timur Yurdagyul

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