Tanalys

EUR/JPY Intraday: key resistance at 139.4.

Pivot: 139.4

Our preference: Short positions below 139.4 with targets @ 137.95 137.4 in extension.

Alternative scenario: Above 139.4 look for further upside with 140 140.6 as targets.

Comment: As long as the resistance at 139.4 is not surpassed, the risk of the break below 137.95 remains high.

Supports and resistances:

140.6

140

139.4

138.94 Last

137.95

137.4

136.6

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