- AUD / JPY is negotiated near the 91.00 zone after having rebounded in the Wednesday range.
- The wider trend remains down in the middle of the pressure of mobile averages in the longer term.
- The key resistance is observed near the 91.20–91.80 zone, with a support nearly 90.70.
The Aud / JPY pair was seen towards zone 91.00 during the Wednesday session, staging a modest intraday lead before the Asian session. Despite the rebound of the previous stockings, the pair retains a global lower tone, capped by key mobile averages and a slow backdrop. The technical indicators are mixed, the relative resistance index oscillates around the neutral territory, the MacD suggesting an increase potential, and the mobile averages still tilting south. Price action remains confined to the middle of today's daily range, which indicates short -term indecision.
From a technical point of view, the pair is gaining a little ground but does not have the strength to break decisively. The RSI is neutral around the brand 47, while the stochastic channel index% K and of a base also prints neutral readings, strengthening the lack of clear direction in short -term momentum. The MacD, however, offers a sweet bullish signal, referring to the possibility of new upward attempts.
Despite this, the wider prospects remain downwards. The simple movement of 20 days, 100 days and 200 days makes the average of all the slopes down, exercising resistance from above. In particular, the EMA and the 30 -day SMA, seen near the region 91.80–92.20, act as dynamic barriers capping recent gains and validating the lower bias.
Immediate support lies in the beach of 90.70–90.60, which has maintained earlier drops. If the sellers regain control, a break below this area could expose deeper losses. Uplining, resistance cluster around 91.20, 91.25 and 91.85 – levels that coincide with recent key and ups of swing.
Overall, while Aud / JPY managed to recover land during Wednesday trade, the dominant trend remains down unless a company breaks in zone 91.80 materializes. Traders should monitor confirmation in future sessions while the pair continues to oscillate in a narrowing range.
Daily graphic
