AUD/JPY Intraday: as long as 95.86 is resistance look for 94.21
AUD/JPY (AUD/JPY)
-0.429-0.44%
as long as 95.86 is resistance look for 94.21.
95.86 is our pivot point.
Our preference: as long as 95.86 is resistance look for 94.21.
Alternative scenario: the upside breakout of 95.86, would call for 96.50 and 96.88.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above its 20 period moving average (95.35) but under its 50 period moving average (95.47).
Supports and resistances:
96.88 **
96.50 *
95.86 **
95.61
95.36 last
94.59
94.21 **
93.83 *
93.45 **
Our preference: as long as 95.86 is resistance look for 94.21.
Alternative scenario: the upside breakout of 95.86, would call for 96.50 and 96.88.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above its 20 period moving average (95.35) but under its 50 period moving average (95.47).
Supports and resistances:
96.88 **
96.50 *
95.86 **
95.61
95.36 last
94.59
94.21 **
93.83 *
93.45 **
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