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Nov 19

TECHNICAL ANALYSIS BY NSFX 19.11.2013

By:Nati

High:  Low: 

EURJPY trading below resistance at 135.49 on the chart. While 134.00 could be an area of support going forward should Euro weakness take hold. Should bearish sentiment take hold then a double or triple top formation could materialise with a close below 131.11 targeted. However if there is a breakout above the 135.50 region then 136.00 could come into play as the next resistance level.

R3
R2
R1
S1
S2
S3