Tanalys

EUR/JPY Intraday: key resistance at 138.55.

Pivot: 138.55

Our preference: Short positions below 138.55 with targets @ 137.9 137.65 in extension.

Alternative scenario: Above 138.55 look for further upside with 138.95 139.2 as targets.

Comment: As long as the resistance at 138.55 is not surpassed, the risk of the break below 137.9 remains high.

Supports and resistances:

139.2

138.95

138.55

138.3465 Last

137.9

137.65

137.3

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