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AUD/JPY intraday: the downside prevails as long as 94.58 is resistance


Our pivot point is at 94.58.

Our preference: the downside prevails as long as 94.58 is resistance.

Alternative scenario: above 94.58, look for 94.81 and 94.95.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94.49 and 94.44).

Supports and resistances:

94.95 **

94.81 *

94.58 **


94.40 last


93.93 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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