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May 13

TECHNICAL ANALYSIS BY NSFX 13.05.2014

By:

High:  Low: 

The rate is very close to the dynamic trendline generated 2 years ago, on June 2012. Below this support there is the 200SMA, now at 1.3679 and then area 1.3475. Above 1.3850 the pair might make a multiple top test in area 1.3970 and if a breakout will occur then 1.42 is likely to be the first relevant static test.

R3
R2
R1
S1
S2
S3