Tanalys

USD/JPY intraday: key ST resistance at 99.75.

Pivot: 99.75

Our preference: Short positions below 99.75 with targets @ 99 98.75 in extension.

Alternative scenario: Above 99.75 look for further upside with 100 100.2 as targets.

Comment: as long as 99.75 is resistance, likely decline to 99.

Key levels

100.2

100

99.75

99.63 last

99

98.75

98.5

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