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AUD/JPY intraday: above its upper Bollinger band
2023-10-05
758
Our pivot point is at 94.19.
Our preference: the upside prevails as long as 94.19 is support.
Alternative scenario: below 94.19, expect 93.91 and 93.75.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94.30 and 94.23). Finally, the AUD/JPY is trading above its upper Bollinger band (standing at 94.47).
Supports and resistances:
95.31 **
95.14 *
94.98 **
94.81
94.48 last
94.30
94.19 **
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