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Oct 23

TECHNICAL ANALYSIS BY NSFX 23.10.2013

By:Nati

High:  Low: 

JPY strength has seen a retracement to the 38.2% Fibonacci level from yesterday's high. If this area holds as support the likelihood of price action retesting the highs with resistance expected once again in the 135.00 area before 135.49 gets tested. On the downside, support at 38.2% level of 133.83, beyond this 133.30  may provide support.

R3
R2
R1
S1
S2
S3