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May 26

TECHNICAL ANALYSIS BY NSFX 26.05.2014

By:

High:  Low: 

After the rate tested several times the supply line that links lower highs EurJpy is trading below its 200SMA. Next support at 136.36 and then 134. A breakout of the dynamic resistance, if we consider Tom DeMark price projections, can lift the pair to 150.

R3
R2
R1
S1
S2
S3