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Mar 22

TECHNICAL ANALYSIS BY NSFX 22.03.2015

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The rate increased its volatility with the ATR at its 2015 high. Last wednesday rally found resistance against the supply line that links lower highs that was generated last December. A breakout of this dynamic level can lift EurUsd to 1.1275 and then to 1.1653. If the pair will develop another bearish wave, below 1.0465 the rate should drop to test the parity.

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