02.10.2008 11:20

USD/JPY techs:

Resistance 3: Y107.00
Resistance 2: Y106.50
Resistance 1: Y106.20
Current price: Y105.54
Support 1: Y105.50
Support 2: Y105.30
Support 3: Y105.00

Comments: The pair continues to be consolidated. As the nearest resistance level Y106,20/30 (a line of resistance since Sep 19 acts, and also area of a session high), further is located the yesterday's hogh on Y106,50, is above possible growth to high on Sep 25 and 29 on Y107,00. In case of decrease the pair will meet on the way support on Y105,50 (session low). Below loss of a rate can will increase up to Y105,30 (area yesterday's low and also 38.2 % FIBO of growth Y103.45-Y106.50) and further to Y105,00 (50,0 %, and also a Sep 26 low).






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