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Oct 16

TECHNICAL ANALYSIS BY NSFX 16.10.2013

By:admin

High:  Low: 

The pair has been sideways trading in the past four days and tested trend support from the July lows, currently at 1.5981. No close below has been seen yet as bidders have kept support intact. Short term, a break below 1.5965 will open up for a test of short term wave lows at 1.5910-area. Upside, offers are noted at 1.6020, but a break above would open up for 1.6120.

R3
R2
R1
S1
S2
S3