AUD/JPY intraday BUY
73.43 is our pivot point.
Our preference:
the upside prevails as long as 73.43 is support.
Alternative scenario
below 73.43, expect 73.15 and 72.98.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 73.54 and 73.45). Finally, the AUD/JPY is trading above its upper Bollinger band (standing at 73.72).
Our preference:
the upside prevails as long as 73.43 is support.
Alternative scenario
below 73.43, expect 73.15 and 72.98.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 73.54 and 73.45). Finally, the AUD/JPY is trading above its upper Bollinger band (standing at 73.72).
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