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Oct 05

TECHNICAL ANALYSIS BY NSFX 05.10.2014

By:

High:  Low: 

The strong downside move that happened suggests that a weekly chart could provide a more exhaustive explanation. 1.20 and 1.18, the 2012 and the 2010 lows, should be the most important static supports. Above 1.2756 the rate might might trigger many stop losses and thus it might rise to 1.315 and then 1.33.

R3
R2
R1
S1
S2
S3