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AUD/JPY Intraday: as long as 95.96 is support look for 97.30

Feb 4, 2025 10:56 AM
as long as 95.96 is support look for 97.30.
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Our pivot point is at 95.96.
Our preference:
as long as 95.96 is support look for 97.30.
Alternative scenario:
below 95.96, expect 95.47 and 95.18.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96.28 and 95.92).
Supports and resistances:
97.89 **
97.59 *
97.30 **
97.01
96.40 last
96.16
95.96 **
95.47 *
95.18 **
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
93.187
0.228
+0.25%
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