Update on supports and resistances.

Resistance3 : 110.5
Resistance2 : 107.5
Resistance1 : 103.5
Last Price : 100.25
Pivot Point: 96.5
Support1 : 96.5
Support2 : 93.6
Support3 : 91.6

Pivot: 96.5

Our preference: Long positions above 96.5 with targets @ 103.5 & 107.5 in extension.

Alternative scenario: Below 96.5 look for further downside with 93.6 & 91.6 as targets.

Comment: the pair should rebound on its new support (former resistance), the RSI is on the upside.

110.5
107.5
103.5
100.25 (last)
96.5
93.6
91.6



*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