Tanalys

USD/JPY Intraday: key resistance at 101.55.

Pivot: 101.55

Our preference: Short positions below 101.55 with targets @ 101.2 101.05 in extension.

Alternative scenario: Above 101.55 look for further upside with 101.8 102 as targets.

Comment: As long as the resistance at 101.55 is not surpassed, the risk of the break below 101.2 remains high.

Supports and resistances:

102

101.8

101.55

101.4685 Last

101.2

101.05

100.8

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