Dollar-Yen broke the resistance specified in Friday's report 89.46, and moved exactly as expected, targeting Fibonacci levels, and reaching both suggested targets 90.22 & 90.67 successfully & accurately (today's high so far is 90.66.

Fibonacci resistance 90.60 will be the most important for today, especially after the price has reached it & came back down to the Asian session low. The next few hours will be a match between a very sharp rising correction & a Fibonacci retracement level determined to stop it. If this resistance is broken, the correction will go on and will target 91.18 & the important 91.67.

Support:

* 90.29: hourly support.

* 89.69: Fibonacci 38.2% for the short term.

* 89.09: Fibonacci 61.8% for the short term.

Resistance:

* 90.60: Fibonacci 61.8% for the drop from 92.31.

* 91.18: hourly resistance.

* 91.67: previous hourly support.