March 10th, 2010 – The USD JPY is still holding strong above the 89.46 resistance line, targeting the 91.66 resistance. On the upside, if the USD JPY breaks the 90.66 resistance line then the next targets would be the 92.13 and 93.75 resistance lines. On the downside, if the 89.46 resistance line is broken then the next target would be 88.12 resistance line. Some important fundamental economic indicators to look forward to for the next 2 days would be the “Trade Balance” and “Retail Sales” numbers.
