Tanalys

USD/JPY Intraday: intraday support around 101.8.

Pivot: 101.8

Our preference: Long positions above 101.8 with targets @ 102.25 102.45 in extension.

Alternative scenario: Below 101.8 look for further downside with 101.65 101.5 as targets.

Comment: The RSI is oversold and is currently turning up.

Supports and resistances:

102.65

102.45

102.25

101.8615 Last

101.8

101.65

101.5

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