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Sep 14

TECHNICAL ANALYSIS BY NSFX 14.09.2014

By:

High:  Low: 

The rate dropped almost 200 pips after it went below both the 200SMA and the lower band of the range. Is likely a test of 0.8922 and intermediate bearish target would be the 2014 bottom at 0.8664. In case a rally will occur 0.92 is the first significant resistance. Above this level there is the higher band of the range at 0.9468.

R3
R2
R1
S1
S2
S3