Tanalys

USD/JPY Intraday: key resistance at 117.45.

Pivot: 117.45

Our preference: short positions below 117.45 with targets @ 116.5 116.15 in extension.

Alternative scenario: above 117.45 look for further upside with 117.95 118.35 as targets.

Comment: the upward potential is likely to be limited by the resistance at 117.45.

Supports and resistances:

118.35 ***

117.95 ***

117.45 ***

117.33 Last

116.5 ***

116.15 **

115.5 **

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