AUD/JPY Intraday: target 95.85
Jan 17, 2025 8:52 PM
target 95.85.
97.18 is our pivot point.
Our preference:
target 95.85.
Alternative scenario:
the upside breakout of 97.18, would call for 97.66 and 97.95.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.71 and 96.57).
Supports and resistances:
97.95 **
97.66 *
97.18 **
96.99
96.72 last
96.14
95.85 **
95.57 *
95.28 **
Our preference:
target 95.85.
Alternative scenario:
the upside breakout of 97.18, would call for 97.66 and 97.95.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.71 and 96.57).
Supports and resistances:
97.95 **
97.66 *
97.18 **
96.99
96.72 last
96.14
95.85 **
95.57 *
95.28 **
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.
Related Instruments
AUD/JPY
96.692
0.386
+0.40%