Tanalys

EUR/JPY Intraday: key resistance at 134.95.

Pivot: 134.95

Our preference: Short positions below 134.95 with targets @ 134.3 133.75 in extension.

Alternative scenario: Above 134.95 look for further upside with 135.3 135.6 as targets.

Comment: As long as 134.95 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

135.6 ***

135.3 ***

134.95 ***

134.59 Last

134.3 ***

133.75 **

133.25 ***

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