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EUR/JPY intraday: as long as 163.66 is support look for 164.94
2024-03-26
364
Our pivot point is at 163.66.
Our preference: as long as 163.66 is support look for 164.94.
Alternative scenario: below 163.66, expect 163.21 and 162.94.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 164.09 and 164.02).
Supports and resistances:
165.48 **
165.21 *
164.94 **
164.67
164.12 last
163.84
163.66 **
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