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USD/JPY intraday: the upside prevails as long as 147.64 is support
2024-01-17
357
Our pivot point stands at 147.64.
Our preference: the upside prevails as long as 147.64 is support.
Alternative scenario: the downside breakout of 147.64 would call for 146.91 and 146.47.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 148 and 147.62).
Supports and resistances:
150.48 **
150.04 *
149.61 **
149.17
148.28 last
147.93
147.64 **
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