USD/JPY Technical Analysis 03.11.2013


USD/JPY Technical Analysis- Prices broke above resistance at 94.98, a barrier marked by the 23.6% Fibonacci expansion. Buyers are now targeting the 38.2% level at 97.52. The 94.98 level has been recast as support. A drop back below that broadly aims for the February 25 low at 90.84.

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Forex_USDJPY_Technical_Analysis_03.11.2013_body_Picture_5.png, USD/JPY Technical Analysis 03.11.2013

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