Tanalys

EUR/JPY Intraday: capped by a negative trend line.

Pivot: 138.65

Our preference: Short positions below 138.65 with targets @ 137 136.5 in extension.

Alternative scenario: Above 138.65 look for further upside with 139.5 139.95 as targets.

Comment: The pair and the RSI are capped by declining trend lines.

Supports and resistances:

139.95

139.5

138.65

137.7185 Last

137

136.5

135.85

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