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Oct 22

TECHNICAL ANALYSIS BY NSFX 22.10.2013

By:

High:  Low: 

The cross rate did not retrace sharply from 1.37 and likely today will try to rise above that level. In case of success the first resistance would be at 1.3839 and then a key level would be the supply line that was generated at the historical to in summer 2007. If the pair should retrace the first support would be at 1.3646 and in case selling pressure would continue likely to test 1.3563.

R3
R2
R1
S1
S2
S3