Tanalys

EUR/JPY intraday: key ST resistance at 120.95.

Pivot: 120.95

Our preference: Short positions below 120.95 with targets @ 119.45 118.9 in extension.

Alternative scenario: Above 120.95 look for further upside with 121.85 122.35 as targets.

Comment: the RSI lacks upward momentum.

Key levels

122.35

121.85

120.95

119.862 last

119.45

118.9

118.5

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