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Jan 16

TECHNICAL ANALYSIS BY NSFX 16.01.2014

By:admin

High:  Low: 

Yesterday, the pair closed back below the 50-day SMA and is currently testing the 100-day SMA at 1.3605. A close below would open up for a test of recent short term wave lows at 1.3548, before trend support from September 2013, currently at 1.3517. On the upside, we need a close above 1.37 to regain bullish momentum.

R3
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R1
S1
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S3