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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2014

By:

High:  Low: 

The cross rate is trading in a narrow trading range and is off 150 pips from the supply line that was generated last August.  Before to reach the supply line the pair likely will have to struggle against the 21SMA and the 55EMA. Below this month low at 0.823 the pair could test 0.8071.

R3
R2
R1
S1
S2
S3