AUD/JPY Intraday: below its lower Bollinger band
Dec 26, 2024 11:21 PM
the downside prevails as long as 98.59 is resistance.
Our pivot point stands at 98.59.
Our preference:
the downside prevails as long as 98.59 is resistance.
Alternative scenario:
above 98.59, look for 99.12 and 99.43.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 98.26 and 98.21). Finally, the AUD/JPY has penetrated its lower Bollinger band (98.13).
Supports and resistances:
99.43 **
99.12 *
98.59 **
98.38
98.11 last
97.44
97.13 **
96.81 *
96.50 **
Our preference:
the downside prevails as long as 98.59 is resistance.
Alternative scenario:
above 98.59, look for 99.12 and 99.43.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 98.26 and 98.21). Finally, the AUD/JPY has penetrated its lower Bollinger band (98.13).
Supports and resistances:
99.43 **
99.12 *
98.59 **
98.38
98.11 last
97.44
97.13 **
96.81 *
96.50 **
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Related Instruments
AUD/JPY
97.861
-0.372
-0.38%