Tanalys

USD/JPY Intraday: key resistance at 101.7.

Pivot: 101.7

Our preference: Short positions below 101.7 with targets @ 101 100.7 in extension.

Alternative scenario: Above 101.7 look for further upside with 101.9 102.2 as targets.

Comment: the upward potential is likely to be limited by the resistance at 101.7.

Supports and resistances:

102.2

101.9

101.7

101.54 Last

101

100.7

100.45

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