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Apr
30
TECHNICAL ANALYSIS BY NSFX 30.04.2014
By:
High: Low:
The pair is trading below its 21SMA and if a retracement will happen the pair could test the 200SMA, now at 1.365. The most important test in a bearish scenario would be the demand line generated on June 2012. Above the supply line the links lower lows the exchange rate could rise to 1.42.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |