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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 |