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Feb 25

TECHNICAL ANALYSIS BY NSFX 25.02.2016

By:

High:  Low: 

USDJPY is following the projected path to the downside. The pair has triggered an oversold signal as the Relative Strength Index (RSI) dips below 30, but the pair stands at risk for a further decline especially if the oscillator makes its way back towards the lows from earlier this year.

R3
R2
R1
S1
S2
S3