AUD/JPY intraday: as long as 82.99 is support look

AUD/JPY intraday: as long as 82.99 is support look for 83.70

AUDJPY

Trading Central 2021-02-22 19:22:04

Our pivot point is at 82.99.

Our preference: as long as 82.99 is support look for 83.70.

Alternative scenario: below 82.99, expect 82.75 and 82.60.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 83.22 and 83.06).

Supports and resistances:

83.99 **

83.85 *

83.70 **

83.56

83.25 last

83.08

82.99 **

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