AUD/JPY Intraday: our next up target stands at 99.69
AUD/JPY (AUD/JPY)
+0.075+0.08%
our next up target stands at 99.69.
97.46 is our pivot point.
Our preference: our next up target stands at 99.69.
Alternative scenario: below 97.46, expect 96.63 and 96.13.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 98.11 and 98.13).
Supports and resistances:
100.68 **
100.19 *
99.69 **
99.20
98.17 last
97.79
97.46 **
96.63 *
96.13 **
Our preference: our next up target stands at 99.69.
Alternative scenario: below 97.46, expect 96.63 and 96.13.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 98.11 and 98.13).
Supports and resistances:
100.68 **
100.19 *
99.69 **
99.20
98.17 last
97.79
97.46 **
96.63 *
96.13 **
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