Tanalys

EUR/JPY intraday: bullish bias above 131.6.

Pivot: 131.6

Our preference: Long positions above 131.6 with targets @ 132.55 132.9 in extension.

Alternative scenario: Below 131.6 look for further downside with 131.25 130.75 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels

133.2

132.9

132.55

132.109 last

131.6

131.25

130.75

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