USD/JPY intraday : under pressure below 152.30

Our pivot point is at 152.30.

Our preference: under pressure below 152.30

Alternative scenario: above 152.30, look for 152.94 and 153.32.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 151.82 and 151.82).

Supports and resistances:

153.32 **

152.94 *

152.30 **

152.05

151.76 last

150.75

150.37 **