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Long position VS. short position: Which one is better?
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AUD/JPY Intraday: Towards 114.76
AUD/JPY (AUD/JPY)
+0.182+0.16%
As long as 114.03 is support, look for 114.95
Our pivot point is at 114.03.
Our preference: As long as 114.03 is support, look for 114.95
Alternative scenario: below 114.03, expect 113.72 and 113.54.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (114.43) but above its 50 period moving average (114.32).
Supports and resistances:
115.13 *
114.95 **
114.76
114.36 last
114.03 **
113.72 *
113.54 **
Our preference: As long as 114.03 is support, look for 114.95
Alternative scenario: below 114.03, expect 113.72 and 113.54.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (114.43) but above its 50 period moving average (114.32).
Supports and resistances:
115.13 *
114.95 **
114.76
114.36 last
114.03 **
113.72 *
113.54 **
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.
