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Nov 05

TECHNICAL ANALYSIS BY NSFX 05.11.2014

By:Nati

High:  Low: 

Currently in a downward channel with the Euro losing ground since the start of the calendar year. Support in the region of the 1.42 figure with the 1.46 figure a possible area of resistance for bullish traders. A breakout of this range on the down side could test the 1.38 figure level year low.

R3
R2
R1
S1
S2
S3