Update on supports and resistances.

Resistance3 : 102.5
Resistance2 : 100
Resistance1 : 97.5
Last Price : 95.69
Pivot Point: 97.5
Support1 : 93.6
Support2 : 91.6
Support3 : 87.5

Pivot: 97.5

Our preference: Short positions below 97.5 with targets @ 93.6 & 91.6 in extension.

Alternative scenario: Above 97.5 look for further upside with 100 & 102.5 as targets.

Comment: the RSI is capped by a declining trend line, the pair is under pressure.

102.5
100
97.5
95.69 (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