Forex: USD/JPY Technical Analysis – On Pace to Expose 103.00
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- Prices are testing above resistance at 102.38 (100% Fib expansion)
- A close above this barrier exposes 103.05 (123.6% Fib exp.)
- Turning back below 102.38 eyes support at 101.72 (76.4% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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