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Jun 29

TECHNICAL ANALYSIS BY NSFX 29.06.2014

By:

High:  Low: 

The rate might trade in the range 1.70-1.7060 and a breakout of the static resistance might lift the rate to 1.72. 1.75 should be considered a short term target. Below 1.70 the pair could test the lower band of the bullish channel. The 200SMA now is more than 400 pips from the current market price.

R3
R2
R1
S1
S2
S3