Next support is the overnight low at 89.00 but as I said earlier, I think that 88.40 is the more important level. We can expect stops below 89.00 so if that level goes we might get a test of 88.40. The Nikkei is expected to open a little lower which should put a little pressure on USD/JPY and the JPY crosses. Dealers are not expecting any major turnover at today’s fix.