Our pivot point is at 158.87.
Our preference: the downside prevails as long as 158.87 is resistance
Alternative scenario: above 158.87, look for 159.49 and 159.85.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 158.45 and 158.31). Finally, the USD/JPY is trading below its lower Bollinger band (standing at 158.19).
Supports and resistances:
159.85 **
159.49 *
158.87 **
158.14 last
157.40
157.04 **
156.67 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-09-2026 at 16:45 UTC+1
Price reference: 158.14 last known on 03-09-2026 at 16:45 UTC+1
Investment horizon: INTRADAY
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