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Feb 08

TECHNICAL ANALYSIS BY NSFX 08.02.2015

By:

High:  Low: 

EurUsd after the breakout of the short term supply line traded for 4 consecutive session in a range of 200 pips. The target of a short term rally might be the 55EMA in area 1.1850. Above the psychological level 1.2 market sentiment might turn neutral.  Below 1.1262 and then 1.11 the rate should test the important support at 1.05, a level traded in 2003.

R3
R2
R1
S1
S2
S3