EUR/JPY intraday: as long as 144.71 is support look for 146.26

Our pivot point is at 144.71.

Our preference: as long as 144.71 is support look for 146.26.

Alternative scenario: below 144.71, expect 144.14 and 143.80.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 145.11 and 144.71).

Supports and resistances:

146.94 **

146.60 *

146.26 **

145.92

145.19 last

144.93

144.71 **

144.14 *

143.80 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-02-2023 at 00:12 UTC+1

Price reference: 145.19 last known on 03-02-2023 at 00:12 UTC+1

Investment horizon: INTRADAY