TECHNICAL ANALYSIS BY NSFX 20.04.2014
UsdJpy could not rise above both the 21SMA and the 55EMA. If a brekout above those flat dynamic resistance will occur the exchange rate might rise to 104. The multiyear static resistance is at 105.32. A retracement can bring UsdJpy between 101.27-100.78. Below this small range the pair can have a correction with first target 98.9.