Tanalys

USD/JPY Intraday: key resistance at 102.15.

Pivot: 102.15

Our preference: Short positions below 102.15 with targets @ 101.5 101.2 in extension.

Alternative scenario: Above 102.15 look for further upside with 102.4 102.7 as targets.

Comment: the upward potential is likely to be limited by the resistance at 102.15. The pair is posting a rebound but stands below its resistance.

Supports and resistances:

102.7

102.4

102.15

101.94 Last

101.5

101.2

100.75

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