Tanalys

USD/JPY intraday: key ST resistance at 96.9.

Pivot: 96.9

Our preference: Short positions below 96.9 with targets @ 95.7 95.15 in extension.

Alternative scenario: Above 96.9 look for further upside with 97.45 97.8 as targets.

Comment: as long as 96.9 is resistance, look for choppy price action with a bearish bias.

Key levels

97.8

97.45

96.9

96.69 last

95.7

95.15

94.8

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