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Sep 24

TECHNICAL ANALYSIS BY NSFX 24.09.2013

By:

High:  Low: 

The cable is consolidating above the psychological and technical level 1.6 and even the pair could fall 250 pips the uptrend would still valid. First resistance in area 1.6155 and then 1.62 and the target of the rally would be the multiple top in area 1.6320, a level that the pair did not go above for almost 2 years.

R3
R2
R1
S1
S2
S3