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Aug 29

TECHNICAL ANALYSIS BY NSFX 29.08.2013

By:

High:  Low: 

The 21SMA support was broken and now the most important test would be the 200SMA. Below that level, the dollar could accelerate its speed toward the lower band of the channel. The ATR just started to increase and the Parabolic SAR still positive.  A bullish candle that covers the black one of yesterday and close above 1.3330 could change market sentiment and bring back risk appetite.

R3
R2
R1
S1
S2
S3