USD/JPY Daily Technical Outlook: January 21, 2013

DAILY TECHNICAL OUTLOOK ON USD/JPY Last Update At 20 Jan 2013 23:42GMT Trend Daily Chart Up Daily Indicators Overbought 21 HR EMA 89.90 55 HR EMA 89.60 Trend Hourly Chart Up Hourly Indicators Overbought 13 HR RSI 71 14 HR DMI +ve Daily Analysis Resumption of upmove Resistance 90.92 – 1.618 times extension of 77.13-82.84 fm 81.68 90.63 – Equality proj. of 86.83-89.67 fm 87.79 90.25 – Intra-day high Support 89.67 – Last Mon’s high 89.22 – Last Thur’s NY sup 88.80 – Last Thur’s Asian res, now sup

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USD/JPY Daily Technical Outlook: January 21, 2013