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Dec 27

TECHNICAL ANALYSIS BY NSFX 27.12.2013

By:

High:  Low: 

Today the pair likely will test the static resistance at 1.3832. This level is very close to the supply line that was generated on summer 2007 at historical top of 1.6. If the cross rate will rise above the supply line then the next target would be 1.42 and then 1.45. In case of a retracement  key support levels are at 1.3615 and at 1.341.

R3
R2
R1
S1
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S3