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EUR/JPY intraday: as long as 157.95 is support look for 159.19
2023-09-13
568
157.95 is our pivot point.
Our preference: as long as 157.95 is support look for 159.19.
Alternative scenario: the downside breakout of 157.95 would call for 157.49 and 157.21.
Comment: the RSI is above its neutrality area at 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 158.21 and 157.84).
Supports and resistances:
159.75 **
159.47 *
159.19 **
158.91
158.35 last
158.13
157.95 **
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