USD/JPY Pushes 91.52 Resistance. 91.72/73 Eyed

The USDJPY has used the 91.28 as a stall point, then as support. The level provided the springboard for a move to the next target at the 91.52.  This is the 61.8% retracement of the move down and also the 100 hour moving average. The high reached 91.60.  The upside is still the preferred direction as the intermarket clues of higher oil, higher stocks, higher gold and commodities all favor the trend move we have seen today.  A move back above the 91.52 level should work toward key resistance at 91.72 the 38.2% retracment of the move down, and the July 2008 lows.

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