USD/JPY Intraday: rebound towards 154.39
Oct 30, 2024 4:09 PM
rebound towards 154.39.
Our pivot point stands at 152.58.
Our preference:
rebound towards 154.39.
Alternative scenario:
below 152.58, expect 151.89 and 151.48.
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 is trading above its 20 period moving average (153.14) but under its 50 period moving average (153.26).
Supports and resistances:
155.21 **
154.80 *
154.39 **
153.98
153.14 last
152.85
152.58 **
151.89 *
151.48 **
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