Published at 01:54 (GMT) 23 Mar
23 Mar USD/JPY Daily
Return to pressure the 120.00 level though break see the downside limited to 119.82 low so far. Heavy tone from last week see scope for retest of the 119.68 and 119.30 lows and where break will trigger stronger correction. Resistance now at 120.66 then the 120.03/20 area. [P.L]
R5:: 122.03 * 10 Mar high R4: 121.67 12 Mar high
R3: 121.52 17 Mar high
R2: 121.03/20 * 19, 20 Mar highs
R1: 120.66 * 12 Mar low
S1: 119.68 19 Mar low
S2: 119.30 * 18 Mar low
S3: 119.12 27 Feb low
S4: 118.63 25 Feb low
S5: 118.30/18 * 20, 16 Feb lows
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