FXMarketAlerts Team
FXMarketAlerts
Published at 05:56 (GMT) 02 Mar
02 Mar USD/JPY Daily
Approaching the 120.00 level and nearby see the 3-mth triangle resistance coming into play at 120.10. Clearance here will see bulls reasserting and shift focus to the 120.48 and 120.83 highs. Support now at 119.50/45 area then the 119.12 low of Fri. [P.L]
R5:: 121.50/60 intraday level
R4: 121.00 9 Dec high
R3: 120.83 23 Dec high
R2: 120.48 * 11 Feb high
R1: 120.00/10 * figure, trendline
S1: 119.50 26 Feb high
S2: 119.12 27 Feb low
S3: 118.63 * 25 Feb low
S4: 118.30 20 Feb low
S5: 118.18 * 16 Feb low
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