AUD/JPY intraday: the upside prevails as long as 72.95 is support
Our pivot point stands at 72.95.
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 73.03 and 72.95).
Alternative scenario:
below 72.95, expect 72.73 and 72.60.
Our preference:
the upside prevails as long as 72.95 is support.
