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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2014

By:

High:  Low: 

The pair found support on the 55EMA and today is off its intraday low.  If the cross rate should rebound from the retracement that started from the 145.45 top the next resistance would be at 142.75.  A breakout of the 2013 top could lead EurJpy to test 151, a price level traded the last time on  January 2008. Below 140.33 the next support would be in area 136.7.

R3
R2
R1
S1
S2
S3