Tanalys

EUR/JPY Intraday: key resistance at 129.5.

Pivot: 129.5

Our preference: Short positions below 129.5 with targets @ 128 127.5 in extension.

Alternative scenario: Above 129.5 look for further upside with 130.05 130.8 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

Supports and resistances:

130.8 **

130.05 ***

129.5 ***

128.9980 Last

128 ***

127.5 **

126.85 ***

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