- The aud/JPy operates near Zone 90.30 after modest profits on Friday
- The momentum is still weak while the indicators are inclined towards the neutral-bajista
- The resistance in 90.86 and the bearish pressure of the key mobile socks limit the rise
The Aud/JPY pair recorded a slight advance in Friday’s session, moving towards zone 90.30 after scoring a gain of more than 0.30%. In spite of the intradic increase, the general technical image remains bassist, with the torque still fighting below several key resistance and long -term mobile stockings.
While the price action approached the upper part of the daily range (88.287–90.516), Momentum indicators reveal a limited conviction behind the movement. The relative force index (RSI) remains neutral in 42,156, while the MACD continues to show a sales signal. Similarly, both the Bull Bear Power (-3.748) and the raw material channel index (CCI) in -92,800 offer neutral readings, pointing to a possible loss of bullish traction.
Trend -based indicators continue to favor sellers. The simple mobile average (SMA) of 92,780, together with the 100 -day SMA in 95,861 and the 200 -day SMA in 97,903, all are inclined down. The bearish signals are confirmed even more with the 10 -day exponential mobile average (EMA) in 90,867 and the 10 -day SMA in 90,985.
Facing the future, support is observed at 89,341, with resistance levels aligned at 90,867, 90,899 and 90.985. A sustained breakdown would be needed above this confluence to weaken the current bearish trend, although the broader trend remains under pressure.
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.
