USD/JPY intraday: our next up target stands at 152.11
Our pivot point stands at 150.98.
Our preference: our next up target stands at 152.11.
Alternative scenario: below 150.98, expect 150.57 and 150.33.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 151.34 and 151.34).
Supports and resistances:
152.60 **
152.35 *
152.11 **
151.86
151.35 last
151.15
150.98 **
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