Tanalys

USD/JPY Intraday: key resistance at 109.1.

Pivot: 109.1

Our preference: Short positions below 109.1 with targets @ 107.95 107.65 in extension.

Alternative scenario: Above 109.1 look for further upside with 109.55 110 as targets.

Comment: The upward potential is likely to be limited by the resistance at 109.1.

Supports and resistances:

110

109.55

109.1

108.81 Last

107.95

107.65

107

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