Tanalys

USD/JPY Intraday: intraday support around 102.2.

Pivot: 102.2

Our preference: Long positions above 102.2 with targets @ 102.75 103.05 in extension.

Alternative scenario: Below 102.2 look for further downside with 102 101.65 as targets.

Comment: a support base at 102.2 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

103.4

103.05

102.75

102.39 Last

102.2

102

101.65

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