Update on supports and resistances.

Resistance3 : 100
Resistance2 : 96
Resistance1 : 92.4
Last Price : 90.06
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 RSI is capped by a MT declining trend line, the pair is rebounding but should strike against its resistance.

100
96
92.4
90.06 (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

width=500

Forex Trader Library
Receive over 15 hours (8 CD's) of our best Forex trading education in one package! Containing the newest Advanced Forex CD, this education pack focuses on exactly what you need to know to become a successful Forex Trader.