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Dec 16

TECHNICAL ANALYSIS BY NSFX 16.12.2013

By:Nati

High:  Low: 

Trading amid a period of JPY weakness since April with the pair reaching levels not seen since 2008. Support expected in the 141 figure area going forward, with the recent high close 142.40 offering a possible upper resistance level for a period of consolidation should the price level plateau for a time before breaking out of this range.

R3
R2
R1
S1
S2
S3