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AUD/JPY Intraday: rebound towards 98.28

Nov 29, 2024 7:25 PM
rebound towards 98.28.
image
97.22 is our pivot point.
Our preference:
rebound towards 98.28.
Alternative scenario:
below 97.22, expect 96.86 and 96.64.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 97.67 and 97.89).
Supports and resistances:
98.71 **
98.50 *
98.28 **
98.06
97.56 last
97.37
97.22 **
96.86 *
96.64 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

AUD/JPY
96.733
-0.040
-0.04%