Tanalys

EUR/JPY Intraday: intraday support around 147.1.

Pivot: 147.1

Our preference: Long positions above 147.1 with targets @ 148.25 148.8 in extension.

Alternative scenario: Below 147.1 look for further downside with 146.4 145.55 as targets.

Comment: A support base at 147.1 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

149.2 ***

148.8 **

148.25 ***

147.45 Last

147.1 ***

146.4 ***

145.55 ***

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