USDJPY Technical Update – Week Of 25th February 2013

USDJPY has closed marginally lower on the weekly basis and the 94.00 area recent range high has held as resistance. This 94.00 handle roughly coincides with the 38.2% Fibonacci retrace of the long term dollar/yen 124.13 – 75.51 swing. Any downside move has the 92.18 area as potential support, as w…

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USDJPY Technical Update – Week Of 25th February 2013