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Nov 12

TECHNICAL ANALYSIS BY NSFX 12.11.2014

By:Nati

High:  Low: 

Resistance holding so far for the pair at the 0.87 figure level. The AUD sold off to test the 0.854 area and this could act as bearish target going forward. Levels of support at 0.8660 and 0.8580 expected due to possible stop losses in these areas. Should the 0.87 figure be passed a possible bullish target of 0.8770 could be eyed.

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