Tanalys

EUR/JPY intraday: bounce.

Pivot: 131

Our preference: Long positions above 131 with targets @ 132.15 132.4 in extension.

Alternative scenario: Below 131 look for further downside with 130.65 130.3 as targets.

Comment: the RSI is well directed.

Key levels

132.75

132.4

132.15

131.49 last

131

130.65

130.3

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