Tanalys

EUR/JPY Intraday: key resistance at 137.5.

Pivot: 137.5

Our preference: Short positions below 137.5 with targets @ 135.85 135.3 in extension.

Alternative scenario: Above 137.5 look for further upside with 138.4 138.85 as targets.

Comment: the upward potential is likely to be limited by the resistance at 137.5.

Supports and resistances:

138.85

138.4

137.5

137.03 Last

135.85

135.3

134.65

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