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Apr 17

TECHNICAL ANALYSIS BY NSFX 17.04.2014

By:Nati

High:  Low: 

USDJPY sees the 101.60 support area as an important level going froward. A decline further could see 101.20 and the 200 day SMA come into play. However if USD bounces off this level we could again see strong gains, until the 102.60 level should prices break above the 50 day SMA area of resistance tested yesterday.

R3
R2
R1
S1
S2
S3