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Jul 21

TECHNICAL ANALYSIS BY NSFX 21.07.2014

By:

High:  Low: 

The first significant resistance is the spike at 1.7187-1.72. Above this static level the rate should rise to 1.75 with intermediate resistance 1.735. If the pair should not rise above its 21SMA it might test the 55EMA at 1.6987. The 200SMA is 400 pips distance from current market level.

R3
R2
R1
S1
S2
S3