AUD/JPY intraday : the upside prevails as long as 93.03 is support

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2025-05-05 01:19Source:TC

Our pivot point is at 93.03.

Our preference: the upside prevails as long as 93.03 is support

Alternative scenario: below 93.03, expect 92.63 and 92.39.

Comment: the RSI is above its neutrality area at 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 93.26 and 93.15).

Supports and resistances:

94.65 **

94.41 *

94.17 **

93.93

93.42 last

93.19

93.03 **

92.63 *

92.39 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-05-2025 at 01:19 UTC+1

Price reference: 93.42 last known on 05-05-2025 at 01:19 UTC+1

Investment horizon: INTRADAY

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