AUD/JPY intraday BUY
Our pivot point stands at 73.10.
Our preference:
the upside prevails as long as 73.10 is supported.
Alternative scenario:
below 73.10, expect 72.81 and 72.64.
Comment:
the RSI is above its neutrality area at 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 73.23 and 73.34).
Our preference:
the upside prevails as long as 73.10 is supported.
Alternative scenario:
below 73.10, expect 72.81 and 72.64.
Comment:
the RSI is above its neutrality area at 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 73.23 and 73.34).
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