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Feb 05

TECHNICAL ANALYSIS BY NSFX 05.02.2014

By:Nati

High:  Low: 

We saw a large volume of orders backing the AUD yesterday pushing the pair as high as 0.8942, before finding a downtrend resistance level at 0.8930 drawn through recent highs.  Now support could be expected towards the 0.8845 area before the 0.8820 level December lows can be tested again.

R3
R2
R1
S1
S2
S3