Update on supports and resistances.

Resistance3 : 102.5
Resistance2 : 100
Resistance1 : 97
Last Price : 94.22
Pivot Point: 97
Support1 : 93.6
Support2 : 91.6
Support3 : 87.5

Pivot: 97

Our preference: Short positions below 97 with targets @ 93.6 & 91.6 in extension.

Alternative scenario: Above 97 look for further upside with 100 & 102.5 as targets.

Comment: the pair remains on the downside and is challenging its support, the RSI is bearish.

102.5
100
97
94.22 (last)
93.6
91.6
87.5



*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