USD/JPY intraday : rebound towards 157.65

Our pivot point is at 155.83.

Our preference: rebound towards 157.65

Alternative scenario: below 155.83, expect 155.19 and 154.81.

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 156.58 and 156.94).

Supports and resistances:

158.41 **

158.03 *

157.65 **

157.26

156.38 last

156.09

155.83 **