Tanalys

USD/JPY intraday: intraday support around 97.5.

Pivot: 97.5

Our preference: Long positions above 97.5 with targets @ 97.85 98.1 in extension.

Alternative scenario: Below 97.5 look for further downside with 97.2 97 as targets.

Comment: the pair stands above its support and remains on the upside.

Key levels

98.35

98.1

97.85

97.692 last

97.5

97.2

97

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