USD/JPY Intraday: the downside prevails as long as 150.15 is resistance
Nov 29, 2024 7:30 PM
the downside prevails as long as 150.15 is resistance.
Our pivot point stands at 150.15.
Our preference:
the downside prevails as long as 150.15 is resistance.
Alternative scenario:
above 150.15, look for 150.73 and 151.07.
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 150.02 and 150.38).
Supports and resistances:
151.07 **
150.73 *
150.15 **
149.92
149.53 last
148.77
148.43 **
148.09 *
147.75 **
Our preference:
the downside prevails as long as 150.15 is resistance.
Alternative scenario:
above 150.15, look for 150.73 and 151.07.
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 150.02 and 150.38).
Supports and resistances:
151.07 **
150.73 *
150.15 **
149.92
149.53 last
148.77
148.43 **
148.09 *
147.75 **
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USD/JPY
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