Tanalys

USD/JPY Intraday: bullish bias above 118.15.

Pivot: 118.15

Our preference: long positions above 118.15 with targets @ 119.2 119.37 in extension.

Alternative scenario: below 118.15 look for further downside with 117.6 117.2 as targets.

Comment: the RSI is well directed.

Supports and resistances:

119.73 ***

119.37 ***

119.2 ***

118.93 Last

118.15 ***

117.6 **

117.2 ***

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