Spot USDJPY, Kospi , Nikkei, Hang Seng CE Index, Hang Seng, FTSE China A50, Topix

Forecast for 28th February 2013 Spot USDJPY USDJPY holding above Fibonacci support at 90.61 this week. We have failed to beat 92.36 resistance so far. The daily outlook remains negative so there is a diminishing chance we can push higher now. Immediate support is at 91.80 but below 91.40 we should retest 90.90/60 support. A break of 90.30 would not a be a surprise this week and could target strong support at 89.86/70. If we do manage a push above 92.40 look for 92.82 as the next resistance.

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Spot USDJPY, Kospi , Nikkei, Hang Seng CE Index, Hang Seng, FTSE China A50, Topix

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