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Jan 23

TECHNICAL ANALYSIS BY NSFX 23.01.2014

By:

High:  Low: 

After yesterday drop that brought the pair to a 12 months low the cross rate today is positive but in the the half lower range of yesterday candle.  A new selloff wave can bring EurGbp to test 0.8090 and then 0.7950. If a a rally will occur the pair will face resistance against the 21SMA at 0.8280 and the at 0.8390.

R3
R2
R1
S1
S2
S3