EUR/JPY Intraday: the downside prevails.
Pivot: 132.60
Our preference: short positions below 132.60 with targets at 131.90 & 131.40 in extension.
Alternative scenario: above 132.60 look for further upside with 132.85 & 133.15 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
133.15
132.85
132.60
132.03 Last
131.90
131.40
130.90
Our preference: short positions below 132.60 with targets at 131.90 & 131.40 in extension.
Alternative scenario: above 132.60 look for further upside with 132.85 & 133.15 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
133.15
132.85
132.60
132.03 Last
131.90
131.40
130.90
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