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Resistance 3: Y80.20
Resistance 2: Y79.40
Resistance 1: Y79.00
Current price: Y77.76
Support 1: Y76.70
Comments: Rate continues retreating after it sharply rally last Wednesday, when BOJ intervened. Strong support comes at Y76.70 (Aug 03 lows), then - at Y76.30 (Aug 01 lows). If losses widens the decline may dip to a channel line from Apr 07 at Y75.60. Resistance is around Y79.00 (local Friday's high), then - at Y79.40 (Friday's high). Stronger level is near Aug 04 highs at Y80.20 (also channel line from Apr 07).
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