Tanalys

EUR/JPY intraday: key ST resistance at 128.85.

Pivot: 128.85

Our preference: Short positions below 128.85 with targets @ 127.9 127.45 in extension.

Alternative scenario: Above 128.85 look for further upside with 129.75 130.15 as targets.

Comment: the upward potential is likely to be limited by the resistance at 128.85.

Key levels

130.15

129.75

128.85

128.574 last

127.9

127.45

127

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