Ochlokrat

Promising Divergences in AUDJPY

Long
CAPITALCOM:AUDJPY   Australian Dollar / Japanese Yen
As evident from the chart, a promising bullish configuration is emerging in the AUDJPY.

The On-Balance Volume (OBV) in both the H2 and H8 timeframes exhibits clear indications of an incipient upward trend, marked by pronounced divergences.

Given the manifestation of both apparent and concealed divergences, an imminent ascent in the AUDJPY is anticipated.
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