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USD/JPY intraday: the downside prevails as long as 145.17 is resistance
2024-01-07
180
145.17 is our pivot point.
Our preference: the downside prevails as long as 145.17 is resistance.
Alternative scenario: the upside breakout of 145.17, would call for 145.80 and 146.18.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 144.79 and 144.84).
Supports and resistances:
146.18 **
145.80 *
145.17 **
144.93
144.68 last
143.92
143.55 **
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