AUD/JPY Intraday: as long as 96 is support look for 97.49
Feb 4, 2025 3:26 PM
as long as 96 is support look for 97.49.
Our pivot point stands at 96.00.
Our preference:
as long as 96 is support look for 97.49.
Alternative scenario:
the downside breakout of 96 would call for 95.51 and 95.22.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.39 and 96.16).
Supports and resistances:
98.07 **
97.78 *
97.49 **
97.19
96.52 last
96.20
96.00 **
95.51 *
95.22 **
Our preference:
as long as 96 is support look for 97.49.
Alternative scenario:
the downside breakout of 96 would call for 95.51 and 95.22.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.39 and 96.16).
Supports and resistances:
98.07 **
97.78 *
97.49 **
97.19
96.52 last
96.20
96.00 **
95.51 *
95.22 **
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
93.786
0.981
+1.06%