Tanalys

EUR/JPY Intraday: key resistance at 134.2.

Pivot: 134.2

Our preference: Short positions below 134.2 with targets @ 131.1 130.3 in extension.

Alternative scenario: Above 134.2 look for further upside with 135.1 135.85 as targets.

Comment: As long as 134.2 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

135.85 ***

135.1 **

134.2 ***

133.06 Last

131.1 **

130.3 ***

128.75 **

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