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Jul 12

TECHNICAL ANALYSIS BY NSFX 12.07.2015

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High:  Low: 

The rate is trading very close to its short term supply line; a breakout above this resistance will lift the pair to it 2015 high 125.94. Above this static resistance GbpJpy can rise to 200, a level trade the last time on August 2008. Below the static support 185 there is the 200SMA, now at 183.8. Below this level the rate can drop to 180.4.

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