Tanalys

EUR/JPY Intraday: key resistance at 140.

Pivot: 140

Our preference: Short positions below 140 with targets @ 137.95 136.95 in extension.

Alternative scenario: Above 140 look for further upside with 141.05 141.8 as targets.

Comment: As long as the resistance at 140 is not surpassed, the risk of the break below 137.95 remains high.

Supports and resistances:

141.8

141.05

140

138.99 Last

137.95

136.95

136

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