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EUR/JPY intraday: above its upper Bollinger band
2024-04-26
206
Our pivot point stands at 166.87.
Our preference: the upside prevails as long as 166.87 is support.
Alternative scenario: below 166.87, expect 166.44 and 166.19.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 166.96 and 166.84). Finally, the EUR/JPY is trading above its upper Bollinger band (standing at 167.18).
Supports and resistances:
168.49 **
168.24 *
167.99 **
167.74
167.22 last
167.03
166.87 **
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