Tanalys

USD/JPY intraday: key ST resistance at 97.55.

Pivot: 97.55

Our preference: Short positions below 97.55 with targets @ 97.1 96.8 in extension.

Alternative scenario: Above 97.55 look for further upside with 97.8 98.2 as targets.

Comment: the upward potential is likely to be limited by the resistance at 97.55.

Key levels

98.2

97.8

97.55

97.34 last

97.1

96.8

96.55

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