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29 Jul 2014
AUD/JPY en-route to retest 96.00
FXStreet (Bali) - AUD/JPY is trading at 95.84, up 0.04% on the day, having posted a daily high at 95.93 and low at 95.74.
AUD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 49.39, down from it’s last hourly close at 59.05, while ADX is ranging above 30 at 12.66, down from 17.38 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 54.81.
With spot trading at 95.85, we can see next resistance ahead at 96.00 up to 96.50, as per origin of a sharp fall seen last July 3rd. On the downside, 95.50-60 represents main area of support ahead of 95.35-20 as per origin of July 22nd spike.
AUD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 49.39, down from it’s last hourly close at 59.05, while ADX is ranging above 30 at 12.66, down from 17.38 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 54.81.
With spot trading at 95.85, we can see next resistance ahead at 96.00 up to 96.50, as per origin of a sharp fall seen last July 3rd. On the downside, 95.50-60 represents main area of support ahead of 95.35-20 as per origin of July 22nd spike.