AUD/JPY Intraday: rebound towards 97.45
Jan 17, 2025 3:28 AM
rebound towards 97.45.
Our pivot point stands at 96.10.
Our preference:
rebound towards 97.45.
Alternative scenario:
below 96.10, expect 95.62 and 95.33.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (96.44) but below its 50 period moving average (96.65).
Supports and resistances:
98.03 **
97.74 *
97.45 **
97.17
96.50 last
96.29
96.10 **
95.62 *
95.33 **
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