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Oct 05

TECHNICAL ANALYSIS BY NSFX 05.10.2014

By:

High:  Low: 

The rate is the consequence of the performance of UsdJpy and UsdCad, but some interesting levels can be found as well. There is a 1000 pips range that started on summer 2013 and actually the rate is trading near the upper side. Above 99.55 the pair should test 101.5. In case the Japanese Yen will gain ground area 94.3 is quite significant and then the lower side of the range is at 90.61.

R3
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R1
S1
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S3