Tanalys

EUR/JPY intraday: intraday support around 131.15.

Pivot: 131.15

Our preference: Long positions above 131.15 with targets @ 131.9 132.35 in extension.

Alternative scenario: Below 131.15 look for further downside with 130.75 130.25 as targets.

Comment: a support base at 131.15 has formed and has allowed for a temporary stabilisation.

Key levels

132.75

132.35

131.9

131.39 last

131.15

130.75

130.25

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