USD/JPY Intraday: the upside prevails as long as 142.34 is support
Sep 19, 2024 2:20 PM
the upside prevails as long as 142.34 is support.
Our pivot point is at 142.34.
Our preference:
the upside prevails as long as 142.34 is support.
Alternative scenario:
the downside breakout of 142.34 would call for 141.48 and 140.97.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 142.89 and 142.59).
Supports and resistances:
145.91 **
145.39 *
144.88 **
144.36
143.17 last
142.68
142.34 **
141.48 *
140.97 **
Our preference:
the upside prevails as long as 142.34 is support.
Alternative scenario:
the downside breakout of 142.34 would call for 141.48 and 140.97.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 142.89 and 142.59).
Supports and resistances:
145.91 **
145.39 *
144.88 **
144.36
143.17 last
142.68
142.34 **
141.48 *
140.97 **
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Related Instruments
USD/JPY
142.874
0.259
+0.18%