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AUD/JPY intraday: rebound towards 95.55
2023-09-18
836
94.90 is our pivot point.
Our preference: rebound towards 95.55.
Alternative scenario: below 94.90, expect 94.67 and 94.53.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (95.11) but under its 50 period moving average (95.24).
Supports and resistances:
95.83 **
95.69 *
95.55 **
95.42
95.14 last
94.99
94.90 **
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