USD/JPY Intraday: as long as 146.91 is support look for 148.58
USD/JPY (USD/JPY)
+1.160+0.79%
as long as 146.91 is support look for 148.58
Our pivot point is at 146.91.
Our preference: as long as 146.91 is support look for 148.58
Alternative scenario: below 146.91, expect 146.29 and 145.92.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.28 and 146.93).
Supports and resistances:
149.31 **
148.94 *
148.58 **
148.21
147.42 last
147.15
146.91 **
146.29 *
145.92 **
Our preference: as long as 146.91 is support look for 148.58
Alternative scenario: below 146.91, expect 146.29 and 145.92.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.28 and 146.93).
Supports and resistances:
149.31 **
148.94 *
148.58 **
148.21
147.42 last
147.15
146.91 **
146.29 *
145.92 **
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