Tanalys

USD/JPY intraday: turning up.

Pivot: 101.65

Our preference: Long positions above 101.65 with targets @ 102.35 102.65 in extension.

Alternative scenario: Below 101.65 look for further downside with 101.3 100.8 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Key levels

103

102.65

102.35

102.086 last

101.65

101.3

100.8

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