USD/JPY Intraday: the upside prevails as long as 154.17 is support
USD/JPY (USD/JPY)
+0.187+0.12%
the upside prevails as long as 154.17 is support.
Our pivot point is at 154.17.
Our preference: the upside prevails as long as 154.17 is support.
Alternative scenario: below 154.17, expect 153.36 and 152.88.
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 154.66 and 154.55).
Supports and resistances:
157.29 **
156.81 *
156.33 **
155.85
154.86 last
154.49
154.17 **
153.36 *
152.88 **
Our preference: the upside prevails as long as 154.17 is support.
Alternative scenario: below 154.17, expect 153.36 and 152.88.
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 154.66 and 154.55).
Supports and resistances:
157.29 **
156.81 *
156.33 **
155.85
154.86 last
154.49
154.17 **
153.36 *
152.88 **
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