Tanalys

EUR/JPY intraday: key ST resistance at 127.3.

Pivot: 127.3

Our preference: Short positions below 127.3 with targets @ 124.9 124.25 in extension.

Alternative scenario: Above 127.3 look for further upside with 128 129 as targets.

Comment: the upward potential is likely to be limited by the resistance at 127.3.

Key levels

129

128

127.3

126.29 last

124.9

124.25

123.8

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