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Jan 22

TECHNICAL ANALYSIS BY NSFX 22.01.2016

By:

High:  Low: 

USDJPY failed to hold above the key 118.80 level and breached this level at the start of this year to a low of 116.46. The uptrend that USDJPY enjoyed since the December 2012 breakout is over as suggested by weakness below the lower parallel.

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