AUD/JPY may fall 95 - 133 pips

Our pivot point stands at 97.76.

Our preference

Eye 95.90.

Alternative scenario

The upside breakout of 97.76, would call for 98.41 and 98.80.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (97.38) but above its 50 period moving average (97.20).

Supports and resistances

98.80 **

98.41 *

97.76 **

97.51

97.23 last

96.28

95.90 **

95.52 *

95.13 **

Number of asterisks represents the strength of support and resistance levels.