EUR/JPY intraday: rebound towards 158.44
![](/assets/frontend/images/page/strategy/f-time.png)
![](/assets/frontend/images/page/strategy/yq-ic.png)
Our pivot point is at 157.14.
Our preference: rebound towards 158.44.
Alternative scenario: below 157.14, expect 156.66 and 156.37.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 157.62 and 157.78).
Supports and resistances:
159.02 **
158.73 *
158.44 **
158.16
157.58 last
157.33
157.14 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More