Analysis of the AUDJPY Currency Pair for 23.03.2026

Analytics of currency pairs based on modified wave analysis, Fibonacci levels, and price channels.

23.03.2026.     

AUDJPY

The trend is bullish. The currency pair is trading within the range of the 365 and 135 EMAs. The bearish wave structure is truncated. The Awesome Oscillator shows bullish divergence.

Trading idea:

Buy upon the formation of a new bullish wave structure, where wave (A) breaks above the descending channel of the truncated bearish structure.

Stop Loss – below the local low of the truncated bearish structure.

Target levels – 113.00; 113.73.