Tanalys

EUR/JPY intraday: choppy.

Pivot: 139.6

Our preference: Short positions below 139.6 with targets @ 138.7 138.35 in extension.

Alternative scenario: Above 139.6 look for further upside with 140 140.6 as targets.

Comment: as long as 139.6 is resistance, look for choppy price action with a bearish bias.

Key levels

140.6

140

139.6

139.07 last

138.7

138.35

138.1

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