AUD/JPY Intraday: the upside prevails as long as 96.18 is support
Jan 17, 2025 11:22 AM
the upside prevails as long as 96.18 is support.
96.18 is our pivot point.
Our preference:
the upside prevails as long as 96.18 is support.
Alternative scenario:
below 96.18, expect 95.70 and 95.41.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.54 and 96.56).
Supports and resistances:
98.07 **
97.78 *
97.49 **
97.20
96.57 last
96.37
96.18 **
95.70 *
95.41 **
Our preference:
the upside prevails as long as 96.18 is support.
Alternative scenario:
below 96.18, expect 95.70 and 95.41.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.54 and 96.56).
Supports and resistances:
98.07 **
97.78 *
97.49 **
97.20
96.57 last
96.37
96.18 **
95.70 *
95.41 **
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AUD/JPY
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