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Feb 15

TECHNICAL ANALYSIS BY NSFX 15.02.2015

By:

High:  Low: 

After a rally of more than 800 pips the pair found resistance against the supply line that links lower highs generated last December.  A breakout above this dynamic resistance might lift the rate to 187 and then to area 190. Below the 55EMA the pair might test the medium term demand line generated last October.

R3
R2
R1
S1
S2
S3