Tanalys

EUR/JPY Intraday: bullish bias above 136.55.

Pivot: 136.55

Our preference: Long positions above 136.55 with targets @ 137.4 137.75 in extension.

Alternative scenario: Below 136.55 look for further downside with 136.35 136.1 as targets.

Comment: A support base at 136.55 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

137.9

137.75

137.4

136.74 Last

136.55

136.35

136.1

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