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Jun 22

TECHNICAL ANALYSIS BY NSFX 22.06.2014

By:

High:  Low: 

The rate made a breakout of the static resistance and then a pullback. Above 1.7050 the pair might test 1.72 and then 1.75. Below 1.70 many stop losses would be triggered. The dynamic bullish trendline should be the first significant support. The 200SMA is  nearly 500 pips from current market price.

R3
R2
R1
S1
S2
S3