Tanalys

USD/JPY intraday: key ST resistance at 93.25.

Pivot: 93.25

Our preference: Short positions below 93.25 with targets @ 92.5 92.2 in extension.

Alternative scenario: Above 93.25 look for further upside with 93.65 93.85 as targets.

Comment: as long as 93.25 is resistance, look for choppy price action with a bearish bias.

Key levels

93.85

93.65

93.25

92.945 last

92.5

92.2

92

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