Intraday Analysis from FXMarketAlerts.com
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15:45 GMT - USD/JPY selling on the day looks to have exhausted itself for now. Mkt still holds above the 200-day MA at 78.99 and trying to bounce. Though, at this time it is very difficult to expect much of a bounce during the current fear induced trading environment. Resistance is closer to 80.00. R.Z
R5: 80.61 * 100-day MA
R4: 80.6 * 25 Jun high
R3: 80.1 05 Jul high
R2: 80 figure
R1: 79.95 hourly high
S1: 79.18 10 Jul low
S2: 79.1 11 Jul low
S3: 79 figure
S4: 78.99 * 200-day MA
S5: 78.6 * 15 Jun low






