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Aug 10

TECHNICAL ANALYSIS BY NSFX 10.08.2014

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High:  Low: 

The rate found a static support in area 1.333 and might find resistance against the 21SMA, now at 1.344. Only above the demand line generated 2 years ago market sentiment could turn from bearish to neutral, considering that the 200SMA now is flat. Below 1.333 the pair might slide to 1.31 and then to 1.3.

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R1
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