/ 

Aug 09

TECHNICAL ANALYSIS BY NSFX 09.08.2015

By:

High:  Low: 

The rate made a pullback on its 21SMA and might test soon the multiyear high at 125.86. Above this static resistance UsdJpy can rise to 127 and then to 130.  Below the 21 SMA the pair can slide to 122 and then might test the medium term demand line. Just below this trendline there is also the 200SMA. The ATR (14) is off its 2015 low, thus volatility might increase and the RSI (14) does not show any extreme market sentiment.

R3
R2
R1
S1
S2
S3