Tanalys

EUR/JPY intraday: intraday support around 129.3.

Pivot: 129.3

Our preference: Long @ 129.4 with targets @ 130.65 131.5 in extension.

Alternative scenario: Below 129.3 look for further downside with 128.4 127.25 as targets.

Comment: the pair has rebounded on its support and remains on the upside as the RSI is reversing up.

Key levels

132.15

131.5

130.65

130.134 last

129.3

128.4

127.25

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