AUD/JPY intraday: the upside prevails as long as 95.30 is support
Our pivot point stands at 95.30.
Our preference: the upside prevails as long as 95.30 is support.
Alternative scenario: the downside breakout of 95.30 would call for 94.93 and 94.71.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95.43 and 95.29).
Supports and resistances:
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