USD/JPY Technical Analysis 03.29.2013


USD/JPY Technical Analysis- Prices are wedged between support at 93.77, marked by the 50% Fibonacci retracement and reinforced by a rising trend line set from early January, and resistance at the 38.2% level (94.46). A break higher aims for a falling trend line at 95.88. Alternatively, a push below support targets the 61.8% Fib at 93.08.

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Forex_USDJPY_Technical_Analysis_03.29.2013_body_Picture_5.png, USD/JPY Technical Analysis 03.29.2013

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