AUD/JPY Intraday: as long as 94.07 is support look for 94.99
AUD/JPY (AUD/JPY)
+0.711+0.76%
as long as 94.07 is support look for 94.99.
Our pivot point is at 94.07.
Our preference: as long as 94.07 is support look for 94.99.
Alternative scenario: the downside breakout of 94.07 would call for 93.71 and 93.50.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 94.25 and 94.05).
Supports and resistances:
95.41 **
95.20 *
94.99 **
94.78
94.35 last
94.21
94.07 **
93.71 *
93.50 **
Our preference: as long as 94.07 is support look for 94.99.
Alternative scenario: the downside breakout of 94.07 would call for 93.71 and 93.50.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 94.25 and 94.05).
Supports and resistances:
95.41 **
95.20 *
94.99 **
94.78
94.35 last
94.21
94.07 **
93.71 *
93.50 **
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