Tanalys

EUR/JPY intraday: bullish bias above 129.55.

Pivot: 129.55

Our preference: Long positions above 129.55 with targets @ 130.4 130.85 in extension.

Alternative scenario: Below 129.55 look for further downside with 129.05 128.7 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Key levels

131.15

130.85

130.4

130.05 last

129.55

129.05

128.7

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