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Apr 20

TECHNICAL ANALYSIS BY NSFX 20.04.2014

By:

High:  Low: 

The pair made 2 consecutive spikes before the 1.3890 resistance. Both the 21SMA and the 55EMA are in the in the area 1.3790 and then there is a static support at 1.368. A brekout above 1.389 should lift the exchange rate to 1.397.

R3
R2
R1
S1
S2
S3