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Jan 31

TECHNICAL ANALYSIS BY NSFX 31.01.2014

By:Nati

High:  Low: 

Currently trading around the 102.60 level, with resistance above toward the 103.30 area expected. The supporting trend-line in the 102 figure area expected to offer support should the 102.60 level not hold. Perhaps we have seen the end of the retracement off the November highs and are set to resume the bull trend again as JPY strength seems to have found support.

R3
R2
R1
S1
S2
S3