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Dec 06

TECHNICAL ANALYSIS BY NSFX 06.12.2013

By:

High:  Low: 

The cross rate is making a pullback below the broken trendline and if it will work as a valid resistance the pair could fall to test 0.8837 first and then 0.853. If the pair should rise above the bullish trendline many stop losses would be triggered and the pair could rise to 0.93 and then to 0.9542.

R3
R2
R1
S1
S2
S3