Tanalys

EUR/JPY intraday: key ST resistance at 132.

Pivot: 132

Our preference: Short positions below 132 with targets @ 130.9 130.5 in extension.

Alternative scenario: Above 132 look for further upside with 132.4 132.75 as targets.

Comment: the pair has broken below its support and remains under pressure.

Key levels

132.75

132.4

132

131.35 last

130.9

130.5

129.95

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