USD/JPY Technical Analysis 02.28.2013
USD/JPY Technical Analysis- Prices are testing support in the 91.34-92.05 area, marked by a rising trend line and the 14.6% Fibonacci retracement. A break lower initially exposes the 23.6% level at 90.48. Near-term resistance is at 94.61, the February 25 high.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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