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Feb 25

TECHNICAL ANALYSIS BY NSFX 25.02.2016

By:

High:  Low: 

Nearby resistance in the 1.1050 area (200-ma) helps provide selling interest for a move lower. Just as the daily chart of EURUSD was overbought at the high 2 weeks ago, it is oversold now, and it is at the support of the top of the January trading range.

R3
R2
R1
S1
S2
S3