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Dec 28

TECHNICAL ANALYSIS BY NSFX 28.12.2014

By:

High:  Low: 

The pair is making lower highs and left the overbought area on the RSI indicator. Below 115.52 the rate might retrace to test 110 level. A breakout of the short term supply line can lift UsdJpy to 125 and then to 130, a level traded in summer 2007.

R3
R2
R1
S1
S2
S3