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Feb 22

TECHNICAL ANALYSIS BY NSFX 22.02.2015

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High:  Low: 

The Aussie dollar gained 200 pips against the greenback after the double bottom in area 0.7628. If price will trade below this level it might test 0.7420, the gap opened on October 2008, and then 0.7052. If the rate will make a breakout of 0.7873 it should test the medium term supply line generated last October. 0.8540 seems to be the target of a rally.

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