EUR/JPY intraday : as long as 169.10 is support look for 170.22

Our pivot point is at 169.10.

Our preference: as long as 169.10 is support look for 170.22

Alternative scenario: below 169.10, expect 168.71 and 168.47.

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 169.43 and 169.34).

Supports and resistances:

170.69 **

170.46 *

170.22 **

169.99

169.43 last

169.26

169.10 **