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Sep 05

TECHNICAL ANALYSIS BY NSFX 05.09.2014

By:Nati

High:  Low: 

The trend channel support towards 0.7870 saw Euro interest. EUR gains took out the 0.80 figure resistance before the 0.8035 level saw possible profit taking. Resistance towards the 0.7960 area and any advance could eye the 0.80 figure level. 0.7920 area could offer support going forward, with the 0.7880 area the next major test of support for bearish traders.

R3
R2
R1
S1
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S3