Our pivot point stands at 88.69.
Our preference: the upside prevails as long as 88.69 is support.
Alternative scenario: the downside breakout of 88.69 would call for 88.26 and 88.01.
Comment: the RSI is above its neutrality area at 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 89.13 and 89.13). Finally, the AUD/JPY has crossed above its upper Bollinger band (89.34).
Supports and resistances:
90.67 **
90.41 *
90.15 **
89.89
89.35 last
88.86
88.69 **
88.26 *
88.01 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-13-2023 at 03:46 UTC+1
Price reference: 89.35 last known on 04-13-2023 at 03:46 UTC+1
Investment horizon: INTRADAY