AUD/JPY Intraday: the upside prevails as long as 97.50 is support
AUD/JPY (AUD/JPY)
+0.221+0.23%
the upside prevails as long as 97.50 is support.
Our pivot point is at 97.50.
Our preference: the upside prevails as long as 97.50 is support.
Alternative scenario: below 97.50, expect 96.98 and 96.67.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 97.94 and 97.99).
Supports and resistances:
99.63 **
99.31 *
99.00 **
98.69
98.01 last
97.71
97.50 **
96.98 *
96.67 **
Our preference: the upside prevails as long as 97.50 is support.
Alternative scenario: below 97.50, expect 96.98 and 96.67.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 97.94 and 97.99).
Supports and resistances:
99.63 **
99.31 *
99.00 **
98.69
98.01 last
97.71
97.50 **
96.98 *
96.67 **
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