Tanalys

EUR/JPY Intraday: bullish bias above 134.1.

Pivot: 134.1

Our preference: Long positions above 134.1 with targets @ 135.3 136 in extension.

Alternative scenario: Below 134.1 look for further downside with 133.45 133.1 as targets.

Comment: A support base at 134.1 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

136.65 ***

136 ***

135.3 ***

134.48 Last

134.1 ***

133.45 ***

133.1 ***

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