09.10.2008 11:10

USD/JPY techs:

Resistance 3: Y103.20
Resistance 2: Y102.30
Resistance 1: Y101.20
Current price: Y100.68
Support 1: Y100.00
Support 2: Y98.60
Support 3: Y95.75
Comments: The yen fell against the dollar for the first time this month as a flurry of central bank interest- rate cuts helped arrest a slump in Asian equities, bolstering confidence in higher-yielding assets. At present as the nearest level of support acts mark Y100,00, further is located the level of a yesterday's low on Y98,60, which successful overcoming to Y95,75 (Mar 17 low). At continuation of growth the area of a session high on Y101,20 will be the nearest resistance. Above is possible return to Y102,30 and Y103,20 (50,0 % and 61,8 % FIBO of falling Y106,20-Y98,50).






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