31.07.2008 14:02

USD/JPY techs:


Resistance 3: Y110.60
Resistance 2: Y109.60
Resistance 1: Y108.40
Current price: Y108.21
Support 1: Y107.70
Support 2: Y106.50
Support 3: Y106.00
Comments: Dollar broke out from the morning range and currently goes to strong resistance at yesterday’s highs on Y108.30, then – at Y109.60. Strong resistance comes near channel line on Y110.00/05. Support remains near yesterday’s lows on Y107.70. Below losses may widen to Y106.50 and Y106.00.






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