USD/JPY - US Dollar Japanese Yen - TREND - LEVELS - TRADING STRATEGY FOR THE WEEK - 21 JAN 2013

88.80 / 88.0 IS THE SUPPORT FOR THE WEEK & THE NEAR TERM [1ST TGT 90.22] HAS BEEN ACHIEVED -- & 2ND TARGET & SHORT TERM - MULTI BAGGER  BEST SHORT LEVEL IS @ 92.35 WHICH STILL HOLDS GOOD FOR THE TARGET... TRADER'S CAN TAKE SELL POSITIONS @ 92 FOR TARGET 89 - 84.85 - 83.36

TRADING PATTERN

THE PAIR USD/JPY EXPECTED TO TEST  88.80 - 88 MARK IN THE EARLY WEEK & FROM HERE IF BOUNCES AND CLEARS 90.16 RESISTANCE & TRADE FIRMLY ..THEN WE SHALL SEE A SHARP UPMOVE TOWARDS TGT 91.60 - 92.36 WHERE ONE CAN ADD AGGRESSIVE SELL POSITIONS FOR TARGET  89 - 87.20 - 84.85 & 83.36

HOWEVER 

IF OPENS HIGHER & MAKES A NEW HIGH ABOVE 90.22 BEFORE TESTING 88.80 OR 88 , THEN ONE CAN ADD SELL POSITIONS FROM 91.60 & ADD MORE @ 92.** FOR THE SAME DOWNSIDE TARGET WITH A STOP @ OR ABOVE 93.60