USD/JPY intraday: the upside prevails as long as 146.55 is support
Our pivot point stands at 146.55.
Our preference: the upside prevails as long as 146.55 is support.
Alternative scenario: below 146.55, expect 145.80 and 145.35.
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 147.01 and 146.78).
Supports and resistances:
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