7644351 7/13/2017 6:50 AM, EUR/JPY Intraday: key resistance at 129.75.


Pivot: 129.75


Our preference:

short positions below 129.75 with targets at 129.00 & 128.70 in extension.


Alternative scenario:

above 129.75 look for further upside with 130.30 & 130.70 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


130.70 *

130.30 *

129.75 **


129.41

Last

129.00 *

128.70 **

128.35 *