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Aug 23

TECHNICAL ANALYSIS BY NSFX 23.08.2013

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High:  Low: 

Yesterday trading session placed the German gauge on the way to test 8525 area. A breakout of that level can lift the index to 8650-8700.  If market conditions should deteriorate 8200 level would be the first important support. Just below 8000 the long term trend would be considered finished.

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R1
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