USD/JPY intraday: the upside prevails as long as 149.46 is support
149.46 is our pivot point.
Our preference: the upside prevails as long as 149.46 is support.
Alternative scenario: below 149.46, expect 149.03 and 148.77.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 149.76 and 149.68).
Supports and resistances:
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