Intraday Analysis from FXMarketAlerts.com
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25 Oct USD/JPY Daily
15::45 GMT - USD has encountered aggressive selling after touching the intraday high above 80.30. It is now poised to test the support between 79.85/66 and must hold the latter to prevent a lasting decline that reaches below the 200 DMA. Stabilization above 79.66 keeps scope for a new attempt at 80.10+. MV
R5: 81.15 * Apr break
R4: 81 figure
R3: 80.59/62 * May-Jun highs
R2: 80.33 current high
R1: 80.1 * 05 Jul high
S1: 79.85 intraday level
S2: 79.66 * 20 Aug high
S3: 79.47/40 * 200 DMA/break level
S4: 79.25/20 intraday cong.
S5: 78.9 intraday level






