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Feb 22

TECHNICAL ANALYSIS BY NSFX 22.02.2015

By:

High:  Low: 

The pair is trading in a 200 pips range since the beginning of February. The rate tested several times area 1.1464. Above this level is likely a rally to 1.1653 and area 1.2 would be the most important test in the short term. Below 1.1275, the lower side of the range, EurUsd might test again the  2015 low 1.11 and then 1.07.

R3
R2
R1
S1
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S3