Tanalys

EUR/JPY Intraday: key resistance at 132.5.

Pivot: 132.5

Our preference: Short positions below 132.5 with targets @ 131.55 130.95 in extension.

Alternative scenario: Above 132.5 look for further upside with 132.9 133.2 as targets.

Comment: As long as the resistance at 132.5 is not surpassed, the risk of the break below 131.55 remains high.

Supports and resistances:

133.2 ***

132.9 **

132.5 ***

132.08 Last

131.55 ***

130.95 **

130.55 **

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