USD/JPY Technical Analysis 02.04.2013


USD/JPY Technical Analysis- Prices broke above resistance at 93.32, the 50% Fibonacci expansion, exposing the 61.8% level at 93.34. A push this barrier eyes the 76.4% Fib at 94.60. The 93.32 level has been recast as near-term support, with a reversal back below that aiming for the 38.2% expansion at 91.33.

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Forex_USDJPY_Technical_Analysis_02.04.2013_body_Picture_1.png, USD/JPY Technical Analysis 02.04.2013

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