/ 

Jun 08

TECHNICAL ANALYSIS BY NSFX 08.06.2014

By:

High:  Low: 

After it rose above all relevant averages UsdJpy might test the supply line that links lower highs and if it will make a breakout it might rise to the multiyear top at 105.44 and then to 107. Below the 200SMA at 101.88 there is the double bottom  in area 100.66 and below this level many stop losses would be triggered and the rate should find  support in area 98.77.

R3
R2
R1
S1
S2
S3