Tanalys

USD/JPY Intraday: towards 123.05.

Pivot: 122.45

Our preference: Long positions above 122.45 with targets @ 122.95 123.05 in extension.

Alternative scenario: Below 122.45 look for further downside with 122.25 122 as targets.

Comment: The RSI is bullish and calls for further advance.

Supports and resistances:

123.22 ***

123.05 *

122.95 **

122.8 Last

122.45 ***

122.25 ***

122 ***

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