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Sep 19

TECHNICAL ANALYSIS BY NSFX 19.09.2013

By:

High:  Low: 

Yesterday  200 pips move  lifted the pair to 1.3523. Today the cross rate broke that level and now  the final target is to reach the 2013 top at 1.3706. Given the length of the white candle could be likely the formation of a flag or pennant.  Just below 1.3290 profit takers might accelerate selling pressure.

R3
R2
R1
S1
S2
S3