Tanalys

EUR/JPY Intraday: key resistance at 133.5.

Pivot: 133.5

Our preference: Short positions below 133.5 with targets @ 132.35 131.85 in extension.

Alternative scenario: Above 133.5 look for further upside with 134.2 135.1 as targets.

Comment: The upward potential is likely to be limited by the resistance at 133.5. The pair stands below its resistance and remains under pressure.

Supports and resistances:

135.1 ***

134.2 ***

133.5 ***

133.14 Last

132.35 ***

131.85 **

131.1 **

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