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AUD/JPY intraday: rebound towards 98.82
2024-04-02
939
Our pivot point is at 98.09.
Our preference: rebound towards 98.82.
Alternative scenario: below 98.09, expect 97.83 and 97.67.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 98.38 and 98.59).
Supports and resistances:
99.14 **
98.98 *
98.82 **
98.66
98.34 last
98.20
98.09 **
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