USD/JPY Intraday: under pressure below 159.40
USD/JPY (USD/JPY)+0.199+0.13%
under pressure below 159.40

Our pivot point is at 159.40.
Our preference: under pressure below 159.40
Alternative scenario: above 159.40, look for 159.89 and 160.17.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 158.96 and 158.90).
Supports and resistances:
160.17 **
159.89 *
159.40 **
158.90 last
158.29
158.01 **
157.72 *
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