Tanalys

EUR/JPY intraday: key ST resistance at 131.7.

Pivot: 131.7

Our preference: Short positions below 131.7 with targets @ 130.85 130.35 in extension.

Alternative scenario: Above 131.7 look for further upside with 132.15 132.55 as targets.

Comment: as long as 131.7 is resistance, likely decline to 130.85.

Key levels

132.55

132.15

131.7

131.454 last

130.85

130.35

129.9

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