AUD/JPY PRICE ANALYSIS: Opera soft near the 90.10 zone with intact bearish perspective

  • The AUD/JPY is negotiated near the 90.10 zone after a slight decrease before the Asian session.
  • The impulse indicators are mixed, but the mobile socks continue to be aligned with the bearish pressure.
  • The resistance is observed in 90.49, 90.50 and 90.57, while the downward risk accumulates below the 90.00 zone.

The Aud/JPY torque is showing a general bearish signal, currently negotiating around 90.10 after a slight fall during the session on Tuesday. The crossing remains in an average range between the minimum of the day of 89.64 and the maximum of 90.58, suggesting hesitation in any direction while the markets expect a new impulse towards Asia.

From a technical perspective, short -term indicators show a mixed panorama. The relative force index (RSI) remains neutral near level 42, while the MACD is beginning to show a purchase signal. Complementing indecision, both the stochastic K K and the product channel index (CCI) remain in neutral territory, suggesting consolidation instead of continuation of the short -term trend.

Despite the moderate impulse, the broader trend signs continue to incline the casualty. Simple mobile means (SMA) of 20 days, 100 days and 200 days, all located above 91.00, confirm the predominant bias. The 10 -day EMA and SMA, located just above the current price in 90.57 and 90.50 respectively, add immediate resistance.

Operators can search for resistance levels at 90.49, 90.50 and 90.57 if any bullish correction arises. However, the general tone remains cautious, with sellers probably maintaining control if the torque remains limited below the 91.00 region.

AUD/JPY DAILY GRAPH

Source: Fx Street

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