EUR/JPY ST: bullish bias above 162.35.
Pivot: 162.35
Our preference: long positions above 162.35 with targets at 167.40 & 169.06 in extension.
Alternative scenario: below 162.35 look for further downside with 159.47 & 157.75 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
172.51
169.06
167.40
165.72 Last
162.35
159.47
157.75
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