Tanalys

USD/JPY intraday: towards 103.35.

Pivot: 102.45

Our preference: Long positions above 102.45 with targets @ 103.1 103.35 in extension.

Alternative scenario: Below 102.45 look for further downside with 102 101.6 as targets.

Comment: the pair validated a Falling Wedge: a bullish pattern calling for a rise towards 103.35.

Key levels

103.7

103.35

103.1

102.917 last

102.45

102

101.6

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