Forex Flash: USD/JPY target remains 93.32 - Commerzbank

FXstreet.com (Barcelona) - From the 20-day MA at 88.56 (reinforced by 87.02 2 month uptrend), the USDJPY kept on extending its strong rebound, already eroding the 90.25 recent high. "Our target remains 93.32 - the measurement higher of the triangle, which completed in December 2012", wrote analyst Karen Jones, noting that technical signals remain positive and there is a strong buy signal on the daily DMI, which has been in evidence since October 2012"