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Oct 08

TECHNICAL ANALYSIS BY NSFX 08.10.2014

By:Nati

High:  Low: 

Finding a floor in the 0.8660 region the year’s low so far and subsequent buying interest. A major reversal will have to take place to reverse the bearish trend. An interesting time ahead for the pair as failure to pass the 0.88 figure resistance could see the downtrend gather pace should the support at 0.8660 give way, with 0.8580 the next level eyed.

R3
R2
R1
S1
S2
S3