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Dec 17

TECHNICAL ANALYSIS BY NSFX 17.12.2013

By:Nati

High:  Low: 

Head and shoulders formation seems to be playing out with the downtrend currently expected to meet some support towards the low towards the end of August towards 0.8892. Resistance approaching 0.8970 with further resistance expected toward the 0.90 figure should buyers of the AUD enter the market.

R3
R2
R1
S1
S2
S3