Our pivot point is at 92.77.
Our preference: the upside prevails as long as 92.77 is support.
Alternative scenario: the downside breakout of 92.77 would call for 91.97 and 91.50.
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 price is above its 20 and 50 period moving average (respectively at 93.20 and 93.10). Finally, the AUD/JPY is trading above its upper Bollinger band (standing at 93.52).
Supports and resistances:
95.93 **
95.46 *
94.98 **
94.51
93.52 last
93.08
92.77 **
91.97 *
91.50 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-02-2025 at 22:01 UTC+1
Price reference: 93.52 last known on 05-02-2025 at 22:01 UTC+1
Investment horizon: INTRADAY
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