USD/JPY intraday : the upside prevails as long as 148.29 is support

Our pivot point is at 148.29.

Our preference: the upside prevails as long as 148.29 is support

Alternative scenario: below 148.29, expect 147.72 and 147.38.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 148.58 and 148.59).

Supports and resistances:

150.56 **

150.22 *

149.87 **

149.53

148.83 last

148.52

148.29 **