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USD/JPY intraday: as long as 149.94 is support look for 151
2024-02-22
958
Our pivot point is at 149.94.
Our preference: as long as 149.94 is support look for 151.
Alternative scenario: the downside breakout of 149.94 would call for 149.53 and 149.29.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 150.19 and 150.08).
Supports and resistances:
151.49 **
151.25 *
151.00 **
150.76
150.27 last
150.10
149.94 **
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