Tanalys

EUR/JPY Intraday: key resistance at 139.05.

Pivot: 139.05

Our preference: Short positions below 139.05 with targets @ 137.95 137.4 in extension.

Alternative scenario: Above 139.05 look for further upside with 139.5 140 as targets.

Comment: As long as 139.05 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

140 *

139.5 **

139.05 ***

138.56 Last

137.95 **

137.4 *

137 *

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