Resistance 3: Y98.50
Resistance 2: Y97.80
Resistance 1: Y97.10
Current price: Y96.59
Support 1: Y96.30
Support 2: Y95.40
Support 3: Y95.00
COMMENTS:
Tech hasn't changed. Strong resistance comes at channel line from Jun
23 on Y97.10. Above the target comes at Y97.80 (channel line from Apr
06). Break above will strengthen dollar’s demand and opens the way to
Y98.50/60 (Jun 15 highs). Support is near session low on Y96.30.
Stronger level – is around trend line from Jan 21 at Y95.40. Break
under will widen losses to Y94.90/00 (Jun 23 lows).