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Oct 08

TECHNICAL ANALYSIS BY NSFX 08.10.2013

By:

High:  Low: 

Today the cross rate is recovering losses of the last trading session that brought the pair to close below the 55EMA. EurJpy could make a test of the trendline in area 132.7 and if it could rise above then there would be the static resistance in area 133.35. If  sellers are going to be in control the pair could drop to 129.25 and then to 127.55 area.

R3
R2
R1
S1
S2
S3