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Sep 26

TECHNICAL ANALYSIS BY NSFX 26.09.2013

By:

High:  Low: 

The cross rate is finding resistance against  both the 21SMA and 55EMA daily in area 99.20. A breakout of that level could lead the pair easily to test 100.41 area.  A retracement below 97.79 could pull UsdJpy to the 200SMA. The Parabolic Sar is bearish and the ATR is on very low level , expected an increase of intraday volatility.

R3
R2
R1
S1
S2
S3