USD/JPY intraday : the downside prevails as long as 151.77 is resistance

Our pivot point is at 151.77.

Our preference: the downside prevails as long as 151.77 is resistance

Alternative scenario: above 151.77, look for 152.41 and 152.79.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 151.36 and 151.45).

Supports and resistances:

152.79 **

152.41 *

151.77 **

151.52

151.26 last

150.31

149.93 **