AUD/JPY Intraday: 111.82 in sight

AUD/JPY (AUD/JPY)
+0.071+0.06%
The upside prevails as long as 111.11 is support, with 111.82 and 112.01 as targets
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Our pivot point is at 111.11.

Our preference: The upside prevails as long as 111.11 is support, with 111.82 and 112.01 as targets

Alternative scenario: below 111.11, expect 110.79 and 110.60.

Comment: the RSI is above its neutrality area at 50. The price is above its 20 and 50 period moving average (respectively at 111.36 and 111.37).

Supports and resistances:
112.20 *
112.01 **
111.82
111.43 last
111.11 **
110.79 *
110.60 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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