Resistance 3: Y107.00
Resistance 2: Y106.30
Resistance 1: Y105.30
Current price: Y105.07
Support 1: Y104.60
Support 2: Y103.80
Support 3: Y103.20
Comments:
Dollar continues to advance. Resistance is around yesterday’s high on
Y105.30 with a break above will point to further rise to trend line
from Jul 2007 on Y106.30. Above the upward momentum will grow and bring
the rate to Y107.00. Strong support is near session low on Y104.60.
Below correction may widen to Y103.80 and Y103.20.