Tanalys

EUR/JPY Intraday: key resistance at 137.9.

Pivot: 137.9

Our preference: Short positions below 137.9 with targets @ 136.8 136.35 in extension.

Alternative scenario: Above 137.9 look for further upside with 138.2 138.7 as targets.

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

Supports and resistances:

138.7

138.2

137.9

137.33 Last

136.8

136.35

136.05

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