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EUR/JPY intraday: rebound towards 163.71
2024-04-01
763
Our pivot point stands at 162.51.
Our preference: rebound towards 163.71.
Alternative scenario: below 162.51, expect 162.07 and 161.80.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 163 and 163.16).
Supports and resistances:
164.25 **
163.98 *
163.71 **
163.45
162.91 last
162.69
162.51 **
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