Tanalys

USD/JPY intraday: intraday support around 96.8.

Pivot: 96.8

Our preference: Long positions above 96.8 with targets @ 98.5 99.25 in extension.

Alternative scenario: Below 96.8 look for further downside with 95.85 95.25 as targets.

Comment: a support base at 96.8 has formed and has allowed for a temporary stabilisation.

Key levels

99.8

99.25

98.5

97.2 last

96.8

95.85

95.25

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