Tanalys

EUR/JPY Intraday: key resistance at 132.2.

Pivot: 132.2

Our preference: short positions below 132.2 with targets @ 131 130.55 in extension.

Alternative scenario: above 132.2 look for further upside with 132.55 132.9 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

132.9 **

132.55 ***

132.2 **

131.81 Last

131 ***

130.55 **

130.25 ***

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