AUD/JPY intraday: rebound towards 94.26

Our pivot point stands at 92.20.

Our preference: rebound towards 94.26.

Alternative scenario: the downside breakout of 92.20 would call for 91.44 and 90.99.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92.93 and 93.13).

Supports and resistances:

95.17 **

94.71 *

94.26 **

93.80

92.89 last

92.50

92.20 **