14.10.2008 14:19

USD/JPY techs:

Resistance 3: Y104.50
Resistance 2: Y103.50
Resistance 1: Y103.10
Current price: Y102.25
Support 1: Y101.80
Support 2: Y101.10
Support 3: Y100.45
Comments: The techn hasn't changed. The pair continues to be consolidated. The nearest resistance is Y103,10 (session high). Further is located level Y103,50 (area of July 16 and Sep 16 low). Above there is a probability of return to Y104,50 (Oct 3 low). The nearest support is located on Y101,80 (session low and also a level of 23,6 % FIBO of growth Y97,80-Y103,10). Below loss of a rate can will increase up to Y101,10 (38,2 %) and further to Y100,45.






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