AUD/JPY intraday: our next up target stands at 80.

AUD/JPY intraday: our next up target stands at 80.93

AUDJPY

Trading Central 2021-01-13 19:14:04

Our pivot point stands at 80.28.

Our preference: our next up target stands at 80.93.

Alternative scenario: below 80.28, expect 80.05 and 79.91.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 80.48 and 80.51).

Supports and resistances:

81.20 **

81.07 *

80.93 **

80.79

80.52 last

80.37

80.28 **

Disclaimer

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