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Feb 24

TECHNICAL ANALYSIS BY NSFX 24.02.2015

By:Nati

High:  Low: 

On the chart we see a wedge with resistance toward the 1.14 figure area, with support at 1.1350 giving way, currently testing the 1.13 figure. Beyond these areas we could expect the 1.1460 resistance to come into play should traders bullish on the Euro hold sway. Bearish breakout could see 1.1275 supporting going forward.

R3
R2
R1
S1
S2
S3