USD/JPY Technical Analysis- Prices continue to consolidate in a choppy range below the February 25 swing high at 94.61. Near-term rising trend line is at 91.69, with a break below that exposing the 23.6% Fibonacci retracement at 90.48.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail firstname.lastname@example.org. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, please CLICK HERE