USD/JPY Intraday: the upside prevails as long as 152.35 is support
USD/JPY (USD/JPY)
+0.903+0.59%
the upside prevails as long as 152.35 is support.
152.35 is our pivot point.
Our preference: the upside prevails as long as 152.35 is support.
Alternative scenario: below 152.35, expect 151.67 and 151.26.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 152.77 and 152.51).
Supports and resistances:
155.08 **
154.67 *
154.26 **
153.85
152.95 last
152.63
152.35 **
151.67 *
151.26 **
Our preference: the upside prevails as long as 152.35 is support.
Alternative scenario: below 152.35, expect 151.67 and 151.26.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 152.77 and 152.51).
Supports and resistances:
155.08 **
154.67 *
154.26 **
153.85
152.95 last
152.63
152.35 **
151.67 *
151.26 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
