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Mar 05

TECHNICAL ANALYSIS BY NSFX 05.03.2014

By:

High:  Low: 

The cross rate could rise above the 21SMA but is facing resistance against the 55EMA at 102.4.  Above 102.93 UsdJpy might test the multiyear top at 105.4. At 100.65 there is a coincidence of both a static support and the 200SMA. Below this level selling pressure could accelerate to 98.85.

R3
R2
R1
S1
S2
S3