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Dec 16

TECHNICAL ANALYSIS BY NSFX 16.12.2013

By:

High:  Low: 

After the double top the cross rate could test the demand line generated in November on area 1.36. Below this level the pair could fall to 1.3415 support and then test the 200SMA in area 1.33.   Above 1.3826 buyers will be in control again with target  1.42 first and then 1.44

R3
R2
R1
S1
S2
S3