Tanalys

EUR/JPY Intraday: intraday support around 138.8.

Pivot: 138.8

Our preference: Long positions above 138.8 with targets @ 139.3 139.55 in extension.

Alternative scenario: Below 138.8 look for further downside with 138.65 138.5 as targets.

Comment: A support base at 138.8 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

139.75

139.55

139.3

138.95 Last

138.8

138.65

138.5

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