Tanalys

USD/JPY Intraday: bullish bias above 101.65.

Pivot: 101.65

Our preference: Long positions above 101.65 with targets @ 102.6 102.9 in extension.

Alternative scenario: Below 101.65 look for further downside with 101.2 100.75 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Supports and resistances:

103.4

102.9

102.6

101.96 Last

101.65

101.2

100.75

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