Tanalys

USD/JPY intraday: bounce.

Pivot: 93.75

Our preference: Long positions above 93.75 with targets @ 95.65 96.15 in extension.

Alternative scenario: Below 93.75 look for further downside with 92.55 92 as targets.

Comment: the pair has broken above a bearish trend line.

Key levels

97

96.15

95.65

95.182 last

93.75

92.55

92

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