Aud/jpy

AUD/JPY intraday: the upside prevails as long as 72.06 is support
Our pivot point stands at 72.06.
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 72.11 and 72.18).
Alternative scenario:
the downside breakout of 72.06 would call for 71.84 and 71.71.
Our preference:
the upside prevails as long as 72.06 is support.