Update on supports and resistances.

Resistance3 : 100
Resistance2 : 96
Resistance1 : 93.5
Last Price : 92.76
Pivot Point: 90
Support1 : 90
Support2 : 88
Support3 : 86

Pivot: 90

Our preference: Long positions above 90 with targets @ 93.5 & 96 in extension.

Alternative scenario: Below 90 look for further downside with 88 & 86 as targets.

Comment: the pair has broken above its ST channel upper boundary and should post a further up move.

100
96
93.5
92.76 (last)
90
88
86



*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