AUD/JPY Intraday: rebound towards 93.48

AUD/JPY (AUD/JPY)
-0.421-0.44%
rebound towards 93.48.
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Our pivot point is at 92.50.

Our preference: rebound towards 93.48.

Alternative scenario: below 92.50, expect 92.15 and 91.94.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92.94 and 93.26).

Supports and resistances:
93.89 **
93.69 *
93.48 **
93.27
92.80 last
92.64
92.50 **
92.15 *
91.94 **

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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