Tanalys

EUR/JPY intraday: key ST resistance at 133.4.

Pivot: 133.4

Our preference: Short positions below 133.4 with targets @ 132.55 132.2 in extension.

Alternative scenario: Above 133.4 look for further upside with 133.7 134.25 as targets.

Comment: the upward potential is likely to be limited by the resistance at 133.4.

Key levels

134.25

133.7

133.4

133.26 last

132.55

132.2

131.75

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