Update on supports and resistances.

Resistance3 : 99.65
Resistance2 : 98
Resistance1 : 95.5
Last Price : 92.11
Pivot Point: 95.5
Support1 : 91.75
Support2 : 90
Support3 : 87

Pivot: 95.5

Our preference: Short positions below 95.5 with targets @ 91.75 & 90 in extension.

Alternative scenario: Above 95.5 look for further upside with 98 & 99.65 as targets.

Comment: the pair is on the downside and is approaching its support as the RSI is badly directed.

99.65
98
95.5
92.11 (last)
91.75
90
87



*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