AUD/JPY Intraday: 111.23 in sight
AUD/JPY (AUD/JPY)
+0.020+0.02%
In spite of the current correction, a rebound near 111.45 is expected as long as 110.37 is still intact
Our pivot point is at 110.37.
Our preference: In spite of the current correction, a rebound near 111.45 is expected as long as 110.37 is still intact
Alternative scenario: below 110.37, expect 110.00 and 109.78.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 110.61 and 110.71).
Supports and resistances:
111.67 *
111.45 **
111.23
110.86 last
110.37 **
110.00 *
109.78 **
Our preference: In spite of the current correction, a rebound near 111.45 is expected as long as 110.37 is still intact
Alternative scenario: below 110.37, expect 110.00 and 109.78.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 110.61 and 110.71).
Supports and resistances:
111.67 *
111.45 **
111.23
110.86 last
110.37 **
110.00 *
109.78 **
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