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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2016

By:

High:  Low: 

The common currency is rallying through the 1.1010 level against the greenback after being confined to a tight 40 pips range. EURUSD has been tracing an H&S at pivotal support of 1.0500, confluence of multi-decade channel and down sloping one since 2008.

R3
R2
R1
S1
S2
S3