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Oct 12

TECHNICAL ANALYSIS BY NSFX 12.10.2014

By:

High:  Low: 

The rate made a 2014 low at 1.5952 and might rally to 1.6248. A breakout of the supply line that link lower lows that was generated from the market top reached last July can lift Cable to 1.6532 area.  Below 1.5952 the pair might test 1.5853 and then 1.55.

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