Tanalys

USD/JPY Intraday: key resistance at 119.15.

Pivot: 119.15

Our preference: Short positions below 119.15 with targets @ 118 117.75 in extension.

Alternative scenario: Above 119.15 look for further upside with 119.55 119.9 as targets.

Comment: The index currently faces a challenging resistance area at 119.15.

Supports and resistances:

119.9 ***

119.55 **

119.15 ***

118.9500 Last

118 **

117.75 **

117.35 **

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