Tanalys

EUR/JPY intraday: under pressure.

Pivot: 119.8

Our preference: Short positions below 119.8 with targets @ 118.5 118.15 in extension.

Alternative scenario: Above 119.8 look for further upside with 120.25 120.95 as targets.

Comment: the RSI is bearish and calls for further downside.

Key levels

120.95

120.25

119.8

119.25 last

118.5

118.15

117.85

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version