Tanalys

EUR/JPY Intraday: key resistance at 136.05.

Pivot: 136.05

Our preference: Short positions below 136.05 with targets @ 135 134.6 in extension.

Alternative scenario: Above 136.05 look for further upside with 136.6 137.1 as targets.

Comment: As long as the resistance at 136.05 is not surpassed, the risk of the break below 135 remains high. The pair has struck against its resistance and remains on the downside.

Supports and resistances:

137.1

136.6

136.05

135.81 Last

135

134.6

134

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