Tanalys

EUR/JPY intraday: bullish bias above 131.2.

Pivot: 131.2

Our preference: Long positions above 131.2 with targets @ 132.4 133 in extension.

Alternative scenario: Below 131.2 look for further downside with 130.85 130.35 as targets.

Comment: the RSI is supported by a bullish trend line.

Key levels

133.3

133

132.4

131.42 last

131.2

130.85

130.35

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