09.06.2008 14:30

USD/JPY techs:

Resistance 3: Y107.20

Resistance 2: Y106.50
Resistance 1: Y105.90
Current price: Y105.55
Support 1: Y104.40

Support 2: Y103.80

Support 3: Y103.20

Comments: Dollar rose sharply this morning after Friday’s sell-off with strong resistance comes at trend line from Jul 2007 at Y105.90. Above the resistance comes at Y106.50 and then – on Y107.20. Strong support is around Y104.40 (Friday’s low), then - Y103.80 and Y103.20.






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