Tanalys

EUR/JPY Intraday: key resistance at 138.85.

Pivot: 138.85

Our preference: Short positions below 138.85 with targets @ 138.15 137.65 in extension.

Alternative scenario: Above 138.85 look for further upside with 139.3 139.9 as targets.

Comment: As long as the resistance at 138.85 is not surpassed, the risk of the break below 138.15 remains high.

Supports and resistances:

139.9

139.3

138.85

138.693 Last

138.15

137.65

137.35

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