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Aug 10

TECHNICAL ANALYSIS BY NSFX 10.08.2014

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High:  Low: 

A fake breakout last week triggered many stop losses and UsdJpy  might test 100.79. This important static support will increase volatility and below this level the rate of change of the pair might change.  The 200SMA is changing its slope and only above mutiple spikes in area 103.06  buyers will get in control and price could reach the multiyear top in area 105.44.

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