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Apr 15

TECHNICAL ANALYSIS BY NSFX 15.04.2014

By:Nati

High:  Low: 

Strong support towards the 1.37 figure held with dollar weakness seeing the EUR rise throughout last week. Today resistance expected towards the 1.3850 area after opening lower than the 1.3890 area test late last week. Beyond the 1.3850 level the 1.39 figure could once again come into play. However reversal of sentiment is now seeing the 1.3810 support tested.

R3
R2
R1
S1
S2
S3