AUD/JPY intraday: as long as 89.64 is support look for 90.67

89.64 is our pivot point.

Our preference: as long as 89.64 is support look for 90.67.

Alternative scenario: the downside breakout of 89.64 would call for 89.28 and 89.06.

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 89.85 and 89.58).

Supports and resistances:

91.10 **

90.89 *

90.67 **

90.45

89.94 last

89.79

89.64 **

89.28 *

89.06 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-04-2023 at 04:15 UTC+1

Price reference: 89.94 last known on 04-04-2023 at 04:15 UTC+1

Investment horizon: INTRADAY