Tanalys

EUR/JPY Intraday: key resistance at 141.

Pivot: 141

Our preference: Short positions below 141 with targets @ 140.4 140.05 in extension.

Alternative scenario: Above 141 look for further upside with 141.55 141.9 as targets.

Comment: As long as 141 is resistance, look for choppy price action with a bearish bias. The pair has struck against its resistance but remains under pressure.

Supports and resistances:

141.9

141.55

141

140.81 Last

140.4

140.05

139.45

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