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Sep 10

TECHNICAL ANALYSIS BY NSFX 10.09.2013

By:

High:  Low: 

The pair is crossing the 2013 top after it spent 5 months trading in the range 146.71-157. A consolidation above the static resistance can easily bring the pair to test 160, a level reached in 2009.  If price should drop below 151.70 then would be likely to see another test of the lower band of the range at 146.71.

 

 

R3
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R1
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