Tanalys

EUR/JPY Intraday: bullish bias above 146.4.

Pivot: 146.4

Our preference: Long positions above 146.4 with targets @ 147.15 147.45 in extension.

Alternative scenario: Below 146.4 look for further downside with 146 145.75 as targets.

Comment: Intraday technical indicators are mixed and call for caution. The pair is supported by a rising trend line.

Supports and resistances:

147.9 **

147.45 **

147.15 *

146.556 Last

146.4 **

146 *

145.75 **

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