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Jul 12

TECHNICAL ANALYSIS BY NSFX 12.07.2013

By:Nati

High:  Low: 

0.9475 has offered recent support in the past and it will be interesting to see if it holds today. A descending trendline is drawn from the 11th of April high. It is possible that a triangle formation could be in the making and this would open up for a possibility of further downside action once a break below the 0.9475 level is taken out.

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R1
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