Tanalys

EUR/JPY Intraday: key resistance at 128.2.

Pivot: 128.2

Our preference: short positions below 128.2 with targets @ 126.7 126.1 in extension.

Alternative scenario: above 128.2 look for further upside with 129 129.5 as targets.

Comment: the upward potential is likely to be limited by the resistance at 128.2.

Supports and resistances:

129.5 ***

129 ***

128.2 ***

127.68 Last

126.7 ***

126.1 **

125.5 ***

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