USD/JPY ST : as long as 144.80 is support look for 153.48

Our pivot point is at 144.80.

Our preference: as long as 144.80 is support look for 153.48

Alternative scenario: below 144.80, expect 141.78 and 139.99.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.56 and 147.58).

Supports and resistances:

157.09 **

155.28 *

153.48 **

151.67

147.71 last

145.98

144.80 **