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Dec
31
TECHNICAL ANALYSIS BY NSFX 31.12.2013
By:
High: Low:
The pair yesterday found support on the 21SMA and only a breakout above 1.3810 could trigger stop losses of short positions and lift the pair to test 1.39. Above this area 1.42 and then 1.45. If the Usd should gain momentum 1.372 could be the first support level, but only below the bullish trendline that was generated on July the pair can retrace with a different speed with first target the 200SMA at 1.3345.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |