Tanalys

EUR/JPY Intraday: intraday support around 140.

Pivot: 140

Our preference: Long positions above 140 with targets @ 141.2 141.75 in extension.

Alternative scenario: Below 140 look for further downside with 139.5 139 as targets.

Comment: a support base at 140 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

142.4

141.75

141.2

140.3 Last

140

139.5

139

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