Tanalys

EUR/JPY Intraday: intraday support around 139.4.

Pivot: 139.4

Our preference: Long positions above 139.4 with targets @ 140.3 140.95 in extension.

Alternative scenario: Below 139.4 look for further downside with 138.75 138.45 as targets.

Comment: a support base at 139.4 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

141.25

140.95

140.3

139.64 Last

139.4

138.75

138.45

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