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Nov 23

TECHNICAL ANALYSIS BY NSFX 23.11.2014

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High:  Low: 

The bearish candle last Friday brought the rate near its 2014 low. Below this level EurUsd can test 1.20 and then 1.18.  Above 1.26, the November high, would be possible to develop a trading range market with ceiling at 1.29. A breakout above 1.3 would create positive market sentiment.

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