AUD/JPY intraday: our next up target stands at 95.35
Our pivot point stands at 94.36.
Our preference: our next up target stands at 95.35.
Alternative scenario: below 94.36, expect 94.00 and 93.78.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 94.65 and 94.64).
Supports and resistances:
CM Trade Mobile Application