Tanalys

USD/JPY Intraday: key resistance at 102.7.

Pivot: 102.7

Our preference: Short positions below 102.7 with targets @ 102.05 101.65 in extension.

Alternative scenario: Above 102.7 look for further upside with 103.05 103.4 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

103.4

103.05

102.7

102.35 Last

102.05

101.65

101.35

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