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Jan 06

TECHNICAL ANALYSIS BY NSFX 06.01.2014

By:Nati

High:  Low: 

The JPY is seeing some strength recently leading to a retracement back into the trend channel which sees support expected in the 170 figure region. Should buyers enter the market again and the uptrend continues the 172 figure could offer resistance going forward before any possible retest of the recent highs can take place.

R3
R2
R1
S1
S2
S3