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Dec 19

TECHNICAL ANALYSIS BY NSFX 19.12.2014

By:Nati

High:  Low: 

The pair broke support in the 1.0520 area and this could offer resistance going forward. Resistance in the 1.0641 region would have to be broken to possibly reverse this bearish trend. Bearish traders could be eyeing the 1.0420 area with the 1.0285 a ten year low the next level for bearish traders.

R3
R2
R1
S1
S2
S3