EUR/JPY intraday: the upside prevails as long as 128.25 is support

EUR/JPY intraday: the upside prevails as long as 128.25 is support
Our pivot point stands at 128.25.

Most likely scenario: the upside prevails as long as 128.25 is support.

Alternative scenario: below 128.25, expect 127.82 and 127.57.

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 pair is above its 20 and 50 MAs (respectively at 128.42 and 128.40).

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