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USD/JPY intraday: as long as 146.85 is support look for 148.86
2023-09-14
1205
Our pivot point stands at 146.85.
Our preference: as long as 146.85 is support look for 148.86.
Alternative scenario: below 146.85, expect 146.09 and 145.64.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 147.41 and 147.31).
Supports and resistances:
149.76 **
149.31 *
148.86 **
148.41
147.45 last
147.15
146.85 **
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