Resistance 3: Y100.55
Resistance 2: Y98.50
Resistance 1: Y97.90
Current price: Y96.85
Support 1: Y96.35
Support 2: Y95.90
Support 3: Y94.40
Comments:
The yen rose, heading for weekly gains against the dollar and the euro,
on speculation a prolonged global recession will prompt investors to
pare holdings of higher-yielding assets funded in Japan. The nearest
support is presented by a level of 50,0 % FIBO of growth Y94,40-Y98,30
on Y96,35. Below possible decrease to Y95,90 (61,8 %) and further to a
Thursday's low on Y94,40. The nearest resistance is located in the
field of МА (200) for Н1 on Y97,90. Overcoming of the given mark will
open road to level Y98,50 (38,2%FIBO falling Y110,65-Y90,90). Above
growth to Y100,55 is possible (high of Novembe; above, on Y100,75 the
level of 50,0 % FIBO of falling Y110,65-Y90,90is located).