EUR/JPY Intraday: Under Pressure.
Short Positions Below 136.6 With Targets @ 135.2 & 134.55 In Extension. ( 31/08/2015 01:52 )
Pivot: 136.6
Our preference: Short positions below 136.6 with targets @ 135.2 & 134.55 in extension.
Alternative scenario: Above 136.6 look for further upside with 137.6 & 138.15 as targets.
Comment: As long as 136.6 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
138.15 ***
137.6 **
136.6 ***
135.94 Last
135.2 ***
134.55 ***
134.25 ***
