Our pivot point is at 157.29.
Our preference: under pressure below 157.29
Alternative scenario: above 157.29, look for 159.77 and 161.25.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 157.37 and 156.57). Finally, the USD/JPY is trading below its lower Bollinger band (standing at 155.01).
Supports and resistances:
161.25 **
159.77 *
157.29 **
156.31
154.37 last
150.40
148.94 **
147.48 *
146.02 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-28-2026 at 00:16 UTC+1
Price reference: 154.37 last known on 01-28-2026 at 00:16 UTC+1
Investment horizon: ST
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