AUD/JPY intraday: rebound towards 80.79

AUDJPY

Trading Central 2021-01-14 04:50:04

Our pivot point stands at 80.15.

Our preference: rebound towards 80.79.

Alternative scenario: the downside breakout of 80.15 would call for 79.92 and 79.78.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 80.40 and 80.48).

Supports and resistances:

81.06 **

80.92 *

80.79 **

80.65

80.35 last

80.24

80.15 **

Disclaimer

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