Tanalys

USD/JPY intraday: key ST resistance at 98.55.

Pivot: 98.55

Our preference: Short positions below 98.55 with targets @ 97.6 97.1 in extension.

Alternative scenario: Above 98.55 look for further upside with 99 99.4 as targets.

Comment: a break below 97.6 would trigger a drop towards 97.1.

Key levels

99.4

99

98.55

98.04 last

97.6

97.1

96.8

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