USDJPY up testing the key resistance

Written March 18, 2010 at 11:36 AM EST by  

gregmike-00898

As per the prior post the USDJPY has moved through 100 hour moving average resistance and is now up testing the 90.72 level. This level has contained the topside this week.  The high last week came in at 91.07 and the high target remains at the 200 day MA at the 91.72 today.  A break of 90.72 is the first step.

gregmike-00897

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