28.10.2008 11:16

JPY/USD techs:

Resistance 3: Y98.00
Resistance 2: Y96.60
Resistance 1: Y95.90
Current price: Y94.58
Support 1: Y93.00
Support 2: Y91.90
Support 3: Y90.90
Comments: The yen fell for the first time in six days against the dollar on speculation Japan's central bank will sell its currency for the first time since March 2004. The nearest resistance is the area of Thursdayэы low and a today's high on Y95,90/Y96,20. Above is possible growth to a level 50,0% FIBO of falling Y102,40-Y90,90 on Y96,60. Overcoming of the given mark will open road to Y98,00 (61,8 %). The nearest support is area Y93,00 (inside a day time line of support). Below possible falling to yesterday's low on Y91,90 and further to Friday's low on Y90,90.






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