FXstreet.com (Barcelona) - The Yen rallied yesterday to reverse Tuesday's losses. Cornelius Luca, economist at Global Forex Trading advances a consolidation session for today: Today should see consolidation. Immediate resistance is at 103.40 from a 50-point pivot, which targets 102.90 and 103.90. The next levels are at 104.50 and 105.20. Distant resistance is at 106.50. Support levels, according to Luca, stand as follows: Initial support is at 102.70. The next level is 102.30 from another 50-point pivot, which targets 101.80 and 102.80.
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