- The Aud/JPy is quoted near Zone 90.90 after modest advances during Tuesday’s session
- Despite the intradic fortress, indicators and mobile socks reinforce a bassist perspective
- The key resistance is about 91.40, with support in the 90.80 region
The Aud/JPY pair advanced on Tuesday, climbing towards the upper end of its daily rank and around area 90.90 before the Asian session. The crossing recorded modest intra -advance advances, although the widest technical structure still points south, since mobile socks and trend signs maintain a bearish posture.
The relative force index (RSI) is currently in 44,316, suggesting a neutral momentum. However, the indicator of convergence/divergence of mobile socks (MACD) is emitting a sales signal, in line with the predominant bearish trend. The Momentum indicator of 10 periods in −2.989 suggests potential for a short -term rebound, although this is counteracted by a neutral reading of Bull Bear Power of −0.430.
The price action remains pressed by multiple key mobile socks. Simple 20 -day mobile means (92,328), 100 days (95,660) and 200 days (97,724) are all inclined down. Similarly, the 30 -day exponential mobile average in 92,458 and the 30 -day SMA in 92,812 align with this vision, confirming a sustained downward pressure despite the recent advances.
Daily graph
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
