AUD/JPY Intraday: the upside prevails as long as 100.22 is support
AUD/JPY (AUD/JPY)
-0.066-0.07%
the upside prevails as long as 100.22 is support.
100.22 is our pivot point.
Our preference: the upside prevails as long as 100.22 is support.
Alternative scenario: below 100.22, expect 99.77 and 99.50.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 100.50 and 100.50).
Supports and resistances:
101.98 **
101.72 *
101.45 **
101.18
100.63 last
100.40
100.22 **
99.77 *
99.50 **
Our preference: the upside prevails as long as 100.22 is support.
Alternative scenario: below 100.22, expect 99.77 and 99.50.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 100.50 and 100.50).
Supports and resistances:
101.98 **
101.72 *
101.45 **
101.18
100.63 last
100.40
100.22 **
99.77 *
99.50 **
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