AUD/JPY intraday buy
Our pivot point is at 72.01.
Our preference:
rebound towards 72.84.
Alternative scenario:
below 72.01, expect 71.72 and 71.54.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (72.29) but under its 50 MA (72.47).
Our preference:
rebound towards 72.84.
Alternative scenario:
below 72.01, expect 71.72 and 71.54.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (72.29) but under its 50 MA (72.47).
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