USD/JPY intraday: as long as 145.23 is support look for 147.01
Our pivot point is at 145.23.
Our preference: as long as 145.23 is support look for 147.01.
Alternative scenario: below 145.23, expect 144.54 and 144.13.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is below its 20 period moving average (145.80) but above its 50 period moving average (145.47).
Supports and resistances:
147.83 **
147.42 *
147.01 **
146.61
145.78 last
145.50
145.23 **
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