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Mar 06

TECHNICAL ANALYSIS BY NSFX 06.03.2016

By:

High:  Low: 

The rate is trendless, with a flat 200SMA. Actually is struggling against both the 21SMA and 55EMA dynamic resistances. Above 1.1155 the rate may test 1.1458 and then the medium term static resistance in area 1.1707.  Below 1.0835 EurUsd can test the demand line in area 1.0530 and beneath this level the pair may reach the parity.

R3
R2
R1
S1
S2
S3