USD/JPY tech levels Feb 22 2013

By: Ryan Littlestone

There’s not much change in the big levels around where I posted on the 18th. We fell on weak US data and headlines over BOJ governor headlines and the event risk is this weekend/Monday. On the hourly chart we find the 55, 100 & 200 ma’s above in a tight 30 pip range which is capping higher moves in a quite quiet market. Below we have the 38.2 fib level from the 22nd Jan swing up. That comes in at 92.00. Summary Above. 95.00 options 94.45 prev high 94.35 res 94.11 fib level 93.72 res Below 92.63 sup 92.28 strong sup 92.15 sup 92.00 fib level,options 91.50/54 sup, options