Wednesday, 20 November 2013

Technical Analysis - USD/JPY

Current level - 100.01

The rebound above 99.54 signals a reversal of the minor downtrend from 100.42 and current outlook is neutral. Key resistance on the upside is 100.42 and initial support is projected at 99.54.

Resistance                                 Support
intraday intraweek               intraday intraweek
100.42 100.60                            99.52 96.56
100.60 101.50                             99.09 95.75

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