Tanalys

USD/JPY Intraday: bullish bias above 101.7.

Pivot: 101.7

Our preference: Long positions above 101.7 with targets @ 102.4 102.6 in extension.

Alternative scenario: Below 101.7 look for further downside with 101.5 101.35 as targets.

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

Supports and resistances:

102.8

102.6

102.4

102.04 Last

101.7

101.5

101.35

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