Tanalys

EUR/JPY Intraday: the downside prevails.

Pivot: 142.6

Our preference: Short positions below 142.6 with targets @ 141.4 141 in extension.

Alternative scenario: Above 142.6 look for further upside with 142.95 143.5 as targets.

Comment: the RSI is mixed to bearish. The pair stands below its resistance and remains under pressure.

Supports and resistances:

143.5

142.95

142.6

142.0772 Last

141.4

141

140.45

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