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Oct 12

TECHNICAL ANALYSIS BY NSFX 12.10.2014

By:

High:  Low: 

It seems that the rate has a good chance to develop a trading range environment between 1.2495-1.2825. Below 1.25 the pair might test 1.23 and then 1.2046. In case EurUsd should rally a relevant resistance area will be 1.2990-1.3 area.

R3
R2
R1
S1
S2
S3