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Feb 03

TECHNICAL ANALYSIS BY NSFX 03.02.2016

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There is some technical support at the 38.2% retracement of the late-January rally. Finally, USDJPY is showing signs of a new very strong recovery that can take price even back to the highs seen in 2015, as we see more and more evidence that the pair has bottomed at 115.97.

R3
R2
R1
S1
S2
S3