| Resistance3: | 107.5 |
| Resistance2: | 105 |
| Resistance1: | 102.5 |
| Last: | 98.06 |
| Pivot: | 102.5 |
| Support1: | 96.5 |
| Support2: | 93.6 |
| Support3: | 91.6 |
Our preference: Short positions below 102.5 with targets @ 96.5 & 93.6 in extension.
Alternative scenario: Above 102.5 look for further upside with 105 & 107.5 as targets.
Comment: the RSI is bearish and called for further decline, the pair should reach its next support.
107.5
105
102.5
98.06 (last)
96.5
93.6
91.6
*USD/JPY Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the JAPANESE YEN. For details go to www.ise.com
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