Tanalys

USD/JPY intraday: key ST resistance at 98.15.

Pivot: 98.15

Our preference: Short positions below 98.15 with targets @ 97.5 97.1 in extension.

Alternative scenario: Above 98.15 look for further upside with 98.55 99 as targets.

Comment: as long as the resistance at 98.15 is not surpassed, the risk of the break below 97.5 remains high.

Key levels

99

98.55

98.15

97.874 last

97.5

97.1

96.8

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