Update on supports and resistances.

Resistance3 : 100
Resistance2 : 96
Resistance1 : 92.4
Last Price : 88.14
Pivot Point: 92.4
Support1 : 86
Support2 : 81.5
Support3 : 78.5

Pivot: 92.4

Our preference: Short positions below 92.4 with targets @ 86 & 81.5 in extension.

Alternative scenario: Above 92.4 look for further upside with 96 & 100 as targets.

Comment: the pair has struck against its MT bearish channel upper boundary.

100
96
92.4
88.14 (last)
86
81.5
78.5



*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