Tanalys

EUR/JPY Intraday: key resistance at 136.5.

Pivot: 136.5

Our preference: Short positions below 136.5 with targets @ 135.75 135.5 in extension.

Alternative scenario: Above 136.5 look for further upside with 136.9 137.35 as targets.

Comment: As long as the resistance at 136.5 is not surpassed, the risk of the break below 135.75 remains high.

Supports and resistances:

137.35 ***

136.9 ***

136.5 ***

136.1875 Last

135.75 ***

135.5 ***

135.25 ***

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