USD/JPY Intraday: the upside prevails as long as 147.07 is support
USD/JPY (USD/JPY)
+0.199+0.14%
the upside prevails as long as 147.07 is support
Our pivot point is at 147.07.
Our preference: the upside prevails as long as 147.07 is support
Alternative scenario: below 147.07, expect 146.61 and 146.33.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.41 and 147.43).
Supports and resistances:
148.89 **
148.62 *
148.34 **
148.06
147.46 last
147.25
147.07 **
146.61 *
146.33 **
Our preference: the upside prevails as long as 147.07 is support
Alternative scenario: below 147.07, expect 146.61 and 146.33.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.41 and 147.43).
Supports and resistances:
148.89 **
148.62 *
148.34 **
148.06
147.46 last
147.25
147.07 **
146.61 *
146.33 **
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