Tanalys

USD/JPY Intraday: key resistance at 102.6.

Pivot: 102.6

Our preference: Short positions below 102.6 with targets @ 102.05 101.65 in extension.

Alternative scenario: Above 102.6 look for further upside with 102.8 103.05 as targets.

Comment: as long as 102.6 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

103.05

102.8

102.6

102.5565 Last

102.05

101.65

101.35

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