AUD/JPY intraday: rebound towards 92.35

Our pivot point is at 90.28.

Our preference: rebound towards 92.35.

Alternative scenario: below 90.28, expect 89.51 and 89.05.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (90.87) but under its 50 period moving average (90.99).

Supports and resistances:

93.26 **

92.80 *

92.35 **

91.89

90.89 last

90.58

90.28 **