Tanalys

USD/JPY intraday: key ST resistance at 99.55.

Pivot: 99.55

Our preference: Short positions below 99.55 with targets @ 98.2 97.6 in extension.

Alternative scenario: Above 99.55 look for further upside with 100 100.45 as targets.

Comment: the upward potential is likely to be limited by the resistance at 99.55.

Key levels

100.45

100

99.55

99.195 last

98.2

97.6

96.9

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