AUD/JPY intraday: the downside prevails as long as 95.53 is resistance
95.53 is our pivot point.
Our preference: the downside prevails as long as 95.53 is resistance.
Alternative scenario: the upside breakout of 95.53, would call for 95.91 and 96.13.
Comment: the RSI is below its neutrality area at 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 95.54 and 95.36).
Supports and resistances:
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