USD/JPY Intraday: as long as 157.57 is support look for 158.55
USD/JPY (USD/JPY)+1.029+0.66%
as long as 157.57 is support look for 158.55

Our pivot point is at 157.57.
Our preference: as long as 157.57 is support look for 158.55
Alternative scenario: below 157.57, expect 157.21 and 157.00.
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 157.86 and 157.48).
Supports and resistances:
158.98 **
158.76 *
158.55 **
158.33
157.88 last
157.72
157.57 **
157.21 *
157.00 **
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