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Oct 26

TECHNICAL ANALYSIS BY NSFX 26.10.2014

By:

High:  Low: 

The pair might test the supply line generated from the seventh of July market top. If a breakout will occur the rate could rise to 1.6523 and then to 1.6692.  Below 1.6 is likely a test of the 2014 low at 1.5873. Below this area another bearish wave might occur and the pair might reach 1.55.

R3
R2
R1
S1
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S3