Our pivot point is at 167.09.
Our preference: the upside prevails as long as 167.09 is support
Alternative scenario: below 167.09, expect 166.66 and 166.39.
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 167.26 and 166.99). Finally, the EUR/JPY is trading above its upper Bollinger band (standing at 167.50).
Supports and resistances:
168.83 **
168.56 *
168.30 **
168.04
167.51 last
167.27
167.09 **
166.66 *
166.39 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-20-2025 at 06:45 UTC+1
Price reference: 167.51 last known on 06-20-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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