
Resistance 3: Y95.90
Resistance 2: Y95.30
Resistance 1: Y94.50
Current price: Y92.72
Support 1: Y91.90
Support 2: Y90.90
Support 3: Y88.00
Comments: The yen climbed for a fifth day
against the dollar as the risk of a global recession and an extended
slump in the world's stock markets prompted investors to slash carry
trades. The nearest support is the area of a session low on Y91,90.
Below possible falling to a Friday's low on Y90,90 and further to
Y88,00 (area of August 1995 low). The nearest resistance is levels
50,0%FIBO of Friday's decrease on Y94,50 (and also area of a session
high). Above is possible growth to Y95,30 (61,8 %) and further to
Y95,90 (area of Thursday's low).