Tanalys

USD/JPY intraday: key ST resistance at 100.35

Pivot: 100.35.

Our preference: SHORT positions below 100.35 with targets @ 99.1 98.7.

Alternative scenario: The upside penetration of 100.35 will call for 100.8 101.2.

Comment: the pair stands below its resistance and remains under pressure.

Trend: ST Ltd Upside; MT Range

Key levels Comment

101.2** Intraday resistance

100.8*** Intraday resistance

100.35*** Intraday pivot point

99.81 Last

99.1*** Intraday support

98.7*** Intraday support

98.15*** Intraday support

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