
Resistance 3: Y104.50
Resistance 2: Y103.90
Resistance 1: Y103.30
Current price: Y102.93
Support 1: Y102.60
Support 2: Y102.00
Support 3: Y100.00
Comments: The yen also declined from a six-month high versus the dollar
as Australian policy makers slashed borrowing costs by a full
percentage point, double the reduction forecast by economists. Asian
stocks and the Australian dollar pared losses as investors bet slides
in benchmark interest rates will revive confidence in higher-yielding
assets. Resistance is presented by levels FIBO from falling
Y106,15-Y100,20: Y103,30 (38,2 %, and also level Y103,40 is area of Sep
30,16 and July 16 lows, and area of a session high), Y103,90 (50,0 %),
Y104,50 (61,8 %, also area of Friday's low). The nearest support is
presented by area of May's lows on Y102,60. Below there is a chance of
falling to Y102,00 and further to Y100,00/20 (Apri 10 low and
yesterday's low).