EUR/JPY intraday: rebound towards 162.11
Our pivot point is at 161.02.
Our preference: rebound towards 162.11.
Alternative scenario: below 161.02, expect 160.61 and 160.36.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 161.46 and 161.63).
Supports and resistances:
162.60 **
162.35 *
162.11 **
161.86
161.35 last
161.18
161.02 **
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