Tanalys

EUR/JPY Intraday: bullish bias above 133.9.

Pivot: 133.9

Our preference: Long positions above 133.9 with targets @ 134.95 135.6 in extension.

Alternative scenario: Below 133.9 look for further downside with 133.1 132.5 as targets.

Comment: A support base at 133.9 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

136.15 ***

135.6 **

134.95 **

134.18 Last

133.9 ***

133.1 **

132.5 **

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