01.08.2008 11:10

USD/JPY techs:


Resistance 3: Y109.60
Resistance 2: Y108.40
Resistance 1: Y107.70
Current price: Y107.30
Support 1: Y107.30
Support 2: Y106.50
Support 3: Y106.00
Comments: Dollar dragged down, currently testing 23.5% Fibo level at Y107.30 (Y103.70 - Y108.40 move). Below losses may widen to Y106.50 and Y106.00. Minor resistance is around Y107.70 with stronger level is around yesterday’s highs on Y108.40. Break above will target Y109.60.






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