Tanalys

USD/JPY Intraday: intraday support around 101.65.

Pivot: 101.65

Our preference: Long positions above 101.65 with targets @ 102.2 102.4 in extension.

Alternative scenario: Below 101.65 look for further downside with 101.35 101.2 as targets.

Comment: a support base at 101.65 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

102.6

102.4

102.2

101.89 Last

101.65

101.35

101.2

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