USD/JPY Intraday: the bias remains bullish.
USD/JPY (USD/JPY)-0.373-0.24%
long positions above 156.05 with targets at 156.70 & 157.00 in extension.

Pivot: 156.05
Our preference: long positions above 156.05 with targets at 156.70 & 157.00 in extension.
Alternative scenario: below 156.05 look for further downside with 155.75 & 155.55 as targets.
Comment: a support base at 156.05 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
157.30
157.00
156.70
156.36 Last
156.05
155.75
155.55
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