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Mar 13

TECHNICAL ANALYSIS BY NSFX 13.03.2016

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High:  Low: 

The rate is developing a short term trading range with higher side at 114.84 and lower side at 111. A breakout either on the upside or on the downside will generate momentum trading, with key level the supply line that links lower highs in area 120. Beneath 111 UsdJpy  can reach 105, a level traded during the third quarter on 2014.

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