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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2016

By:

High:  Low: 

USDJPY recovered from fresh 1-year lows sub-116.00, but lost momentum ahead of the 117.00 mark and entered a consolidation phase. JPY is the strongest currency as the flow of funds goes into the relative safety of the JPY.

R3
R2
R1
S1
S2
S3