Update on supports and resistances.

Resistance3 : 95
Resistance2 : 92
Resistance1 : 89
Last Price : 86.07
Pivot Point: 89
Support1 : 83.55
Support2 : 82.4
Support3 : 79.3

Pivot: 89

Our preference: Short positions below 89 with targets @ 83.55 & 82.4 in extension.

Alternative scenario: Above 89 look for further upside with 92 & 95 as targets.

Comment: the pair is capped by a declining trend line and is challenging its support.

95
92
89
86.07 (last)
83.55
82.4
79.3



*USD/JPY Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the JAPANESE YEN. For details go to www.ise.com