Tanalys

EUR/JPY intraday: intraday support around 132.9.

Pivot: 132.9

Our preference: Long positions above 132.9 with targets @ 133.8 134.2 in extension.

Alternative scenario: Below 132.9 look for further downside with 132.6 132.15 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels

134.4

134.2

133.8

133.49 last

132.9

132.6

132.15

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