Tanalys

EUR/JPY intraday: continuation of the rebound.

Pivot: 130.7

Our preference: Long positions above 130.7 with targets @ 131.95 132.85 in extension.

Alternative scenario: Below 130.7 look for further downside with 129.9 129.6 as targets.

Comment: the RSI lacks downward momentum.

Key levels

133.8

132.85

131.95

131.87 last

130.7

129.9

129.6

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