Tanalys

EUR/JPY intraday: break of a ST rising trendline support.

Pivot: 128.75

Our preference: Short positions below 128.75 with targets @ 127.5 127 in extension.

Alternative scenario: Above 128.75 look for further upside with 129.55 129.88 as targets.

Comment: the pair has broken below a rising trend line.

Key levels

129.88

129.55

128.75

128.051 last

127.5

127

126.1

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