Tanalys

EUR/JPY intraday: intraday support around 131.

Pivot: 131

Our preference: Long positions above 131 with targets @ 132.35 132.85 in extension.

Alternative scenario: Below 131 look for further downside with 130.6 130 as targets.

Comment: a support base at 131 has formed and has allowed for a temporary stabilisation.

Key levels

133.2

132.85

132.35

131.234 last

131

130.6

130

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