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

Forecast for 1st February 2013 Spot USDJPY The USDJPY fell just a fraction short of our next target of 91.48 which we expected to trigger some profit taking. We should now test support at 90.62 with the chance of a low for the day here but a break lower is a possibility and should then target 90.13. This should be a buying opportunity today with a bounce expected but stops needed on longs below 89.70. 91.41/48 is resistance today of course but if we break higher to continue the 4 month bull

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

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