Tanalys

EUR/JPY intraday: limited upside.

Pivot: 131

Our preference: Long positions above 131 with targets @ 132.35 132.85 in extension.

Alternative scenario: Below 131 look for further downside with 130.6 130 as targets.

Comment: the RSI is negative but supported by a strong support.

Key levels

133.2

132.85

132.35

131.63 last

131

130.6

130

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