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Dec 10

TECHNICAL ANALYSIS BY NSFX 10.12.2013

By:Nati

High:  Low: 

The Euro was showed strength late last week gaining close to 200 pips on Friday, and the close at 141.00 could be a support level going forward. Possibility of a move lower for profit taking reasons could see the 140 figure the next area of support. Resistance could be drawn toward the 142 figure after yesterday's close above the 141.60 level, a high on monthly charts going back to 2004, and support in 2006.

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