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USD/JPY intraday: as long as 151.29 is support look for 152.39
2024-04-02
207
Our pivot point stands at 151.29.
Our preference: as long as 151.29 is support look for 152.39.
Alternative scenario: the downside breakout of 151.29 would call for 150.88 and 150.63.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 151.60 and 151.44).
Supports and resistances:
152.88 **
152.64 *
152.39 **
152.14
151.64 last
151.45
151.29 **
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