Tanalys

EUR/JPY Intraday: key resistance at 132.3.

Pivot: 132.3

Our preference: short positions below 132.3 with targets @ 131.45 131 in extension.

Alternative scenario: above 132.3 look for further upside with 132.8 133.4 as targets.

Comment: as long as the resistance at 132.3 is not surpassed, the risk of the break below 131.45 remains high.

Supports and resistances:

133.4 ***

132.8 ***

132.3 ***

131.96 Last

131.45 **

131 ***

130.55 ***

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