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EUR/JPY intraday: eye 164.77
2024-04-24
104
Our pivot point stands at 165.93.
Our preference: eye 164.77.
Alternative scenario: the upside breakout of 165.93, would call for 166.34 and 166.59.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (165.69) but above its 50 period moving average (165.57).
Supports and resistances:
166.59 **
166.34 *
165.93 **
165.76
165.59 last
165.02
164.77 **
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