Tanalys

USD/JPY Intraday: key resistance at 117.3.

Pivot: 117.3

Our preference: short positions below 117.3 with targets @ 116.4 115.95 in extension.

Alternative scenario: above 117.3 look for further upside with 117.65 118.1 as targets.

Comment: as long as the resistance at 117.3 is not surpassed, the risk of the break below 116.4 remains high.

Supports and resistances:

118.1 ***

117.65 ***

117.3 ***

116.93 Last

116.4 **

115.95 **

115.55 **

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