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Aud/jpy

Posted on the 10 October 2019 by Merks50
AUD/JPY intraday: the upside prevails as long as 72.32 is support
72.32 is our pivot point.
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 72.27 and 72.30).
Alternative scenario:
below 72.32, expect 72.10 and 71.97.
Our preference:
the upside prevails as long as 72.32 is support.

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