USD/JPY intraday: rebound towards 105.48

Trading Central 2021-02-23 05:07:18

104.88 is our pivot point.

Our preference: rebound towards 105.48.

Alternative scenario: below 104.88, expect 104.65 and 104.52.

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 105.18 and 105.44).

Supports and resistances:

105.74 **

105.61 *

105.48 **


105.08 last


104.88 **

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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