Tanalys

EUR/JPY MT: under pressure.

Pivot: 140

Our preference: Short positions below 140 with targets @ 133.6 133.1 in extension.

Alternative scenario: Above 140 look for further upside with 142.5 145.7 as targets.

Comment: The pair is breaking below its support as the RSI is badly directed.

Supports and resistances:

145.7

142.5

140

135.4859 Last

133.6

133.1

129

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