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Sep 18

TECHNICAL ANALYSIS BY NSFX 18.09.2013

By:

High:  Low: 

The cross after gained 156.72 has reduced volatility and the ATR as well.  A weak Japanese Yen can lift the cross to 162, level reached the last time the 3rd quarter 2009. A retracement until  152.85 would not change the positive technical pattern. Today  however an explosion of volatility is expected due to macro events as market catalyst.

R3
R2
R1
S1
S2
S3