Tanalys

EUR/JPY Intraday: key resistance at 143.05.

Pivot: 143.05

Our preference: Short positions below 143.05 with targets @ 142 141.6 in extension.

Alternative scenario: Above 143.05 look for further upside with 143.65 144.2 as targets.

Comment: As long as 143.05 is resistance, look for choppy price action with a bearish bias. The pair is posting a rebound but stands below its resistance.

Supports and resistances:

144.2

143.65

143.05

142.63 Last

142

141.6

140.8

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