Tanalys

EUR/JPY intraday: key ST resistance at 131.65.

Pivot: 131.65

Our preference: Short positions below 131.65 with targets @ 129.9 129.6 in extension.

Alternative scenario: Above 131.65 look for further upside with 132.4 132.85 as targets.

Comment: as long as 131.65 is resistance, look for choppy price action with a bearish bias.

Key levels

132.85

132.4

131.65

130.992 last

129.9

129.6

129.25

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