Tanalys

EUR/JPY Intraday: intraday support around 139.

Pivot: 139

Our preference: Long positions above 139 with targets @ 139.7 140.25 in extension.

Alternative scenario: Below 139 look for further downside with 138.6 138.1 as targets.

Comment: a support base at 139 has formed and has allowed for a temporary stabilisation. The pair stands above its support.

Supports and resistances:

140.8

140.25

139.7

139.29 Last

139

138.6

138.1

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