Tanalys

USD/JPY Intraday: key resistance at 102.3.

Pivot: 102.3

Our preference: Short positions below 102.3 with targets @ 101.45 101.2 in extension.

Alternative scenario: Above 102.3 look for further upside with 102.65 103 as targets.

Comment: The upward potential is likely to be limited by the resistance at 102.3.

Supports and resistances:

103

102.65

102.3

101.89 Last

101.45

101.2

100.8

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