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Jul 15

TECHNICAL ANALYSIS BY NSFX 15.07.2014

By:Nati

High:  Low: 

Support found this month toward the 0.7920 area, should buying of the Euro continue the 0.7960 area resistance saw trading break through but reverse again this session with a bearish engulfing on the daily chart. Possible continuation of bearish trend after rejection at the 0.7960 area over the past three sessions, with 0.7980 an area of further resistance should we see a reemergence of bullish trading.

R3
R2
R1
S1
S2
S3