Tanalys

EUR/JPY Intraday: bullish bias above 132.5.

Pivot: 132.5

Our preference: Long positions above 132.5 with targets @ 134.6 135.4 in extension.

Alternative scenario: Below 132.5 look for further downside with 131.7 131.05 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

136.2 ***

135.4 ***

134.6 ***

134.0200 Last

132.5 ***

131.7 ***

131.05 ***

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