Tanalys

EUR/JPY Intraday: key resistance at 136.7.

Pivot: 136.7

Our preference: Short positions below 136.7 with targets @ 135.4 134.95 in extension.

Alternative scenario: Above 136.7 look for further upside with 137.6 138.15 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

138.15 *

137.6 ***

136.7 **

136.11 Last

135.4 ***

134.95 ***

134.55 ***

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