AUD/JPY intraday: as long as 82.92 is support look

AUD/JPY intraday: as long as 82.92 is support look for 83.65

AUDJPY

Trading Central 2021-02-22 17:02:04

Our pivot point stands at 82.92.

Our preference: as long as 82.92 is support look for 83.65.

Alternative scenario: below 82.92, expect 82.68 and 82.53.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (83.22) but above its 50 period moving average (82.98).

Supports and resistances:

83.94 **

83.80 *

83.65 **

83.51

83.20 last

83.02

82.92 **

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