Update on supports and resistances.

Resistance3 : 100
Resistance2 : 96
Resistance1 : 92.4
Last Price : 90.54
Pivot Point: 92.4
Support1 : 88
Support2 : 86
Support3 : 81.5

Pivot: 92.4

Our preference: Short positions below 92.4 with targets @ 88 & 86 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
90.54 (last)
88
86
81.5



*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