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Apr 26

TECHNICAL ANALYSIS BY NSFX 26.04.2015

By:

High:  Low: 

The rate is very close to test the 118.4 support and below this level there is another significant support at 115.78. Above the short term supply line that links lower highs generated last March UsdJpy should test the 121.8 resistance and then 125. Below 115.78 the rate will trade below its 200SMA and it might fall to 112.2.

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