Tanalys

USD/JPY intraday: bullish bias above 93.

Pivot: 93

Our preference: Long positions above 93 with targets @ 93.85 94.4 in extension.

Alternative scenario: Below 93 look for further downside with 92.5 92 as targets.

Comment: the RSI is bullish and calls for further advance.

Key levels

94.95

94.4

93.85

93.495 last

93

92.5

92

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