05.06.2008 10:59

USD/JPY techs:


Resistance 3: Y106.70
Resistance 2: Y106.30
Resistance 1: Y105.60

Current price: Y105.62
Support 1: Y103.80
Support 2: Y103.20
Support 3: Y102.60
Comments: Dollar challenges resistance at session high on Y105.60. Above the target comes at trend line from July 2007 at Y106.30. Break higher will accelerate the rise to Y106.70. Below May 28 lows on Y103.85the downside move may extend to Y103.20 and then – to May low on Y102.70/60.






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