AUD/JPY Intraday: under pressure below 96.43
Sep 18, 2024 4:05 PM
under pressure below 96.43.
Our pivot point stands at 96.43.
Our preference:
under pressure below 96.43.
Alternative scenario:
above 96.43, look for 97.08 and 97.46.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 96.08 and 95.95).
Supports and resistances:
97.46 **
97.08 *
96.43 **
96.18
95.91 last
95.13
94.75 **
94.36 *
93.98 **
Our preference:
under pressure below 96.43.
Alternative scenario:
above 96.43, look for 97.08 and 97.46.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 96.08 and 95.95).
Supports and resistances:
97.46 **
97.08 *
96.43 **
96.18
95.91 last
95.13
94.75 **
94.36 *
93.98 **
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Related Instruments
AUD/JPY
97.600
1.376
+1.43%