USD/JPY intraday: as long as 145.34 is resistance look for 143.63
145.34 is our pivot point.
Our preference: as long as 145.34 is resistance look for 143.63.
Alternative scenario: the upside breakout of 145.34, would call for 145.97 and 146.34.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 144.93 and 144.83).
Supports and resistances:
146.34 **
145.97 *
145.34 **
145.09
144.82 last
144.00
143.63 **
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