Tanalys

USD/JPY intraday: intraday support around 97.3.

Pivot: 97.3

Our preference: Long positions above 97.3 with targets @ 98.3 98.65 in extension.

Alternative scenario: Below 97.3 look for further downside with 96.95 96.4 as targets.

Comment: the immediate trend remains up but the momentum is weak.

Key levels

99.15

98.65

98.3

97.62 last

97.3

96.95

96.4

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