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May 11

TECHNICAL ANALYSIS BY NSFX 11.05.2014

By:

High:  Low: 

The pair after the double top retraced and the next support should be in area 1.3682. Below this level the rate can drop to 1.3360 to test the demand line that was generated on June 2012.  Only a consolidation above 1.4 could lift the rate to 1.42 and then to 1.45.

R3
R2
R1
S1
S2
S3