Tanalys

EUR/JPY Intraday: bullish bias above 138.

Pivot: 138

Our preference: Long positions above 138 with targets @ 138.7 139 in extension.

Alternative scenario: Below 138 look for further downside with 137.45 137.25 as targets.

Comment: The break above 138 is a positive signal that has opened a path to 138.7.

Supports and resistances:

139.25

139

138.7

138.2547 Last

138

137.45

137.25

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