Tanalys

EUR/JPY intraday: key ST resistance at 128.6.

Pivot: 128.6

Our preference: Short positions below 128.6 with targets @ 127.2 126.8 in extension.

Alternative scenario: Above 128.6 look for further upside with 129.2 129.55 as targets.

Comment: the upward potential is likely to be limited by the resistance at 128.6.

Key levels

129.55

129.2

128.6

128.348 last

127.2

126.8

126.05

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