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May 11

TECHNICAL ANALYSIS BY NSFX 11.05.2014

By:

High:  Low: 

The pair fell for 3 consecutive sessions and might test the dynamic support generated on July 2013. Below this level there is the 200SMA at 1.64. Above the multiyear top 1.6983 the rate might rise to 1.75 with intermediate target 1.72; both levels were traded the last time during the 2008 financial crisis.

R3
R2
R1
S1
S2
S3