AUD/JPY intraday: the upside prevails as long as 83.10 is support

Trading Central 2021-02-24 04:54:06

Our pivot point stands at 83.10.

Our preference: the upside prevails as long as 83.10 is support.

Alternative scenario: below 83.10, expect 82.86 and 82.72.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83.21 and 83.18).

Supports and resistances:

84.08 **

83.93 *

83.79 **

83.65

83.33 last

83.20

83.10 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

6 Reasons To Open An Account

Multi-language 24/7 professional support

Fast, convenient fund and withdrawals

Free demo account $10,000

International recognition

Real-time quotes with push notification

Professional market analysis broadcast