Tanalys

USD/JPY intraday: continuation of the rebound.

Pivot: 97.3

Our preference: Long positions above 97.3 with targets @ 98.2 98.5 in extension.

Alternative scenario: Below 97.3 look for further downside with 96.95 96.55 as targets.

Comment: the next resistances are at 98.2 and then at 98.5.

Key levels

98.9

98.5

98.2

98 last

97.3

96.95

96.55

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