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Aug 28

TECHNICAL ANALYSIS BY NSFX 28.08.2013

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Short terms traders they have found a trading range between the static resistance in area 1.3418 and the 21SMA. Above area 1.3419 the next target would be 1.3516 and then 1.3709. In case the dollar should appreciate the 200SMA will be an important support because is on the middle of the range and it looks like  a threshold that divides bull and bears.

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