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Nov 26

TECHNICAL ANALYSIS BY NSFX 26.11.2013

By:Nati

High:  Low: 

The pair currently trading in the 1.3555 area with expected resistance toward 1.3578, the high from lase week which coincides with the 23.6% Fibonacci drawn from the low on the 9th of July to the high of the 25th October. Support in the 1.3586 area expected before the 100 day SMA and 38.2% Fibo level can come into play should bearish sentiment take prices lower.

R3
R2
R1
S1
S2
S3