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USD/JPY Intraday: the downside prevails as long as 143.35 is resistance

Sep 19, 2024 8:26 PM
the downside prevails as long as 143.35 is resistance.
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143.35 is our pivot point.
Our preference:
the downside prevails as long as 143.35 is resistance.
Alternative scenario:
above 143.35, look for 144.21 and 144.72.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 142.94 and 142.83).
Supports and resistances:
144.72 **
144.21 *
143.35 **
143.01
142.57 last
141.50
140.99 **
140.48 *
139.96 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

USD/JPY
142.214
-0.401
-0.28%