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USD/JPY intraday: as long as 155.13 is support look for 156.30
2024-04-25
269
Our pivot point is at 155.13.
Our preference: as long as 155.13 is support look for 156.30.
Alternative scenario: the downside breakout of 155.13 would call for 154.71 and 154.45.
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 below its 20 period moving average (155.58) but above its 50 period moving average (155.46).
Supports and resistances:
156.81 **
156.56 *
156.30 **
156.05
155.54 last
155.30
155.13 **
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