/ 

Dec 07

TECHNICAL ANALYSIS BY NSFX 07.12.2015

By:

High:  Low: 

Initial bias stays neutral. We remain bullish JPY. The pair has been consolidating in a rectangle pattern above 122.20 supports. USDJPY needs to hold above the 122.20 support for an upside bias to remain.

R3
R2
R1
S1
S2
S3