- AUD/JPY was seen on Friday, near the 94.30 region before the Asian session and withdrew towards the lower end of the daily range.
- Despite the mixed signals from the oscillators, if the average movement averages is more negatively in a wider technical prejudice.
- The resistance is seen just above 94.40, while the support is close to 94.00 and 93.88; The indicators contradict the falling lean.
The AUD/JPY couple extended their decline on Friday by approaching the 94.30 zone after the European session and approaching the lower end of the intrada range. The couple fell during the day, especially reflecting an increase in sales interest rates. While some momentum indicators remain neutral or slightly constructive, wider technical signals continue to support a decline prejudice for the near -time.
Looking at the indicators, the relative force index (RSI) fell below 50, but in neutral tone, MACD issued a mild purchasing signal, pointing to possible short -term correction. However, the Taurus bear power stands at 0.641 and strengthens the underlying sales pressure, and the percentage range of Williams remains neutral and cannot provide a clear reversal signal.
The transport averages offers a divided picture. The short -term 20 -day simple moving average (SMA) on 94.02 continues to signal a reception that provides dynamic support. However, 10 -day EMA (94.45) and SMA (94.58), 100 days (96.85) and 200 days (98.70), together with the SMA, all lean decrease, a structural shift is closed unless the upper potential remains closed.
In terms of levels, immediate support at 94.16, then appears in 94.02 and 93.88. On the Flip side, the resistance is around 94.35, 94.42 and 94.45.
AUD/JPY DAILY GRAPHIC
