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Dec 21

TECHNICAL ANALYSIS BY NSFX 21.12.2014

By:

High:  Low: 

The rate reached after 3 consecutive negative session a new 2014 low and might test 1.2 and then 1.18. Only above 1.25 a rally might lift the pair to the supply line that links lower highs generated in area 1.4. A breakout of this dynamic resistance can bring the rate to test its 200SMA.

R3
R2
R1
S1
S2
S3