Tanalys

USD/JPY intraday: bullish bias above 102.75.

Pivot: 102.75

Our preference: Long positions above 102.75 with targets @ 103.35 103.7 in extension.

Alternative scenario: Below 102.75 look for further downside with 102.45 102 as targets.

Comment: the pair has struck against its resistance and is facing a pull back.

Key levels

104.45

103.7

103.35

103.13 last

102.75

102.45

102

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