USD/JPY may rise 100 - 145 pips

Our pivot point stands at 147.97.

Our preference

Rebound towards 150.01.

Alternative scenario

Below 147.97, expect 147.21 and 146.76.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 148.73 and 149).

Supports and resistances

150.91 **

150.46 *

150.01 **

149.56

148.56 last

148.26

147.97 **

147.21 *

146.76 **

Number of asterisks represents the strength of support and resistance levels.