Tanalys

EUR/JPY intraday: bullish bias above 129.75.

Pivot: 129.75

Our preference: Long positions above 129.75 with targets @ 131 131.4 in extension.

Alternative scenario: Below 129.75 look for further downside with 129.25 128.85 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Key levels

131.9

131.4

131

130.22 last

129.75

129.25

128.85

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