Tanalys

EUR/JPY intraday: bullish bias above 133.8.

Pivot: 133.8

Our preference: Long positions above 133.8 with targets @ 135 135.4 in extension.

Alternative scenario: Below 133.8 look for further downside with 133.15 132.6 as targets.

Comment: the RSI lacks downward momentum.

Key levels

135.75

135.4

135

134.34 last

133.8

133.15

132.6

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