Aud/jpy

AUD/JPY

AUD/JPY intraday: technical rebound towards 74.80 before a new drop
Our pivot point stands at 74.80.
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 stands above its 20 MA (74.50) but below its 50 MA (74.67).
Alternative scenario:
above 74.80, look for 75.02 and 75.15.
Our preference:
technical rebound towards 74.80 before a new drop.