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Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2013

By:Nati

High:  Low: 

The pair, having broken above the wedge formed in recent weeks, could continue higher towards the 160 figure in the channel although a slight correction could take place. If today's high of 157.75 isn't broken we could see the upward trend channel on the chart give rise to range trading opportunities. Resistance at today's high, followed by the 160 figure. Support at the high of May 13th at 156.74.

R3
R2
R1
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S3