USD / JPY Technical Forex Analysis for Forex Traders
Lots of action yesterday just above 92.00 (92.00-92.30) which at least for the short term puts a strong support level in place.
Resistance on the upside is at 92.65-92.70, 92.90 and 93.00-93.10.
Support is at 92.30 and 92.00.
A break below 92.00 (confirmed by a move below 91.90) indicates another swing lower. Support is likely at 91.70 and 91.50.
Forex Analysis by Cory Mitchell at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check Forexpros. com