AUD/JPY intraday: rebound towards 99.34

97.08 is our pivot point.

Our preference: rebound towards 99.34.

Alternative scenario: below 97.08, expect 96.25 and 95.76.

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 is trading under both its 20 and 50 period moving average (respectively at 97.88 and 98.02).

Supports and resistances:

100.33 **

99.83 *

99.34 **

98.84

97.81 last

97.41

97.08 **