AUD/JPY intraday: as long as 72.48 is support look for 73.10
Our pivot point is at 72.48.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 72.64 and 72.39).
Alternative scenario:
below 72.48, expect 72.26 and 72.13.
Our preference:
as long as 72.48 is support look for 73.10.
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