Tanalys

EUR/JPY intraday: key ST resistance at 131.8.

Pivot: 131.8

Our preference: Short positions below 131.8 with targets @ 131.2 131 in extension.

Alternative scenario: Above 131.8 look for further upside with 132.15 132.55 as targets.

Comment: the upward potential is likely to be limited by the resistance at 131.8.

Key levels

132.55

132.15

131.8

131.76 last

131.2

131

130.45

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