Tanalys

EUR/JPY Intraday: key resistance at 128.65.

Pivot: 128.65

Our preference: short positions below 128.65 with targets @ 127.45 126.7 in extension.

Alternative scenario: above 128.65 look for further upside with 129.5 129.9 as targets.

Comment: as long as the resistance at 128.65 is not surpassed, the risk of the break below 127.45 remains high.

Supports and resistances:

129.9 **

129.5 ***

128.65 **

128.11 Last

127.45 ***

126.7 **

126.1 ***

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