Tanalys

EUR/JPY Intraday: bullish bias above 130.25.

Pivot: 130.25

Our preference: Long positions above 130.25 with targets @ 130.8 131.05 in extension.

Alternative scenario: Below 130.25 look for further downside with 130 129.7 as targets.

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

Supports and resistances:

131.4 ***

131.05 ***

130.8 ***

130.6165 Last

130.25 ***

130 ***

129.7 ***

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