Tanalys

EUR/JPY intraday: key ST resistance at 131.05.

Pivot: 131.05

Our preference: Short positions below 131.05 with targets @ 129.9 129.6 in extension.

Alternative scenario: Above 131.05 look for further upside with 131.65 132.4 as targets.

Comment: the upward potential is likely to be limited by the resistance at 131.05.

Key levels

132.4

131.65

131.05

130.762 last

129.9

129.6

129.25

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