TECHNICAL ANALYSIS BY NSFX 20.03.2016
The rate made 2 bullish spike on the lower side of the trading range 111.03-114.74. Beneath the static support UsdJpy can test 110 and then 105.31. If the rate will make a breakout of 114.74 it may test 116.11 and then the supply line and the 200SMA, both in area 119.5. Volatility is below its 2016 low and the RSI (14) is nearly oversold at 36.56.