22.07.2008 11:24

USD/JPY techs:


Resistance 3: Y108.40
Resistance 2: Y107.70
Resistance 1: Y107.00
Current price: Y106.55
Support 1: Y106.00
Support 2: Y105.40
Support 3: Y104.60

Comments: Techs on dollar hasn’t changed. Key resistance is around channel line from Jun 25 on Y107.00/10. Above the target is around Y107.70 and Y108.40 (Jun 25 high). Friday’s lows comes at Y106.00 (support). Stronger level is near 50% Fibo on Y105.40. Below losses may widen to Y104.60.






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