EUR/JPY Intraday: under pressure.
Pivot: 129.00

Most likely scenario: short positions below 129.00 with targets at 128.00 & 127.60 in extension.

Alternative scenario: above 129.00 look for further upside with 129.30 & 129.75 as targets.

Comment: as long as 129.00 is resistance, look for choppy price action with a bearish bias.

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