Tanalys

USD/JPY intraday: bullish bias above 99.6.

Pivot: 99.6

Our preference: Long positions above 99.6 with targets @ 100.65 100.85 in extension.

Alternative scenario: Below 99.6 look for further downside with 99.2 98.9 as targets.

Comment: the break above 99.6 is a positive signal that has opened a path to 100.65.

Key levels

101.2

100.85

100.65

100.19 last

99.6

99.2

98.9

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