TECHNICAL ANALYSIS BY NSFX 09.03.2014
It was important the breakout of 102.82. Even on Friday UsdJpy lost momentum during the session retracing from its intraday high the framework still bullish. Resistance at 105.32 and above this level area 107, a level traded during the financial crisis in 2008. A correction only below 100.78 might change the view on the pair.