Tanalys

USD/JPY intraday: key ST resistance at 98.25.

Pivot: 98.25

Our preference: Short positions below 98.25 with targets @ 95.4 94.35 in extension.

Alternative scenario: Above 98.25 look for further upside with 99.1 100 as targets.

Comment: as long as the resistance at 98.25 is not surpassed, the risk of the break below 95.4 remains high.

Key levels

100

99.1

98.25

96.965 last

95.4

94.35

93.65

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