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USD/JPY intraday: as long as 151.28 is support look for 152.36
2024-04-08
754
Our pivot point is at 151.28.
Our preference: as long as 151.28 is support look for 152.36.
Alternative scenario: below 151.28, expect 150.87 and 150.62.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 151.55 and 151.37).
Supports and resistances:
152.85 **
152.60 *
152.36 **
152.11
151.60 last
151.44
151.28 **
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