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Oct 09

TECHNICAL ANALYSIS BY NSFX 09.10.2013

By:Nati

High:  Low: 

The recent test to the upside following a gap open to the upside was rejected late last week. Retesting of the 1.6145 area was approached before we saw a sell off this morning. Consolidation around the 1.60 - 1.61 area in a wide wedge formation may develop. Support expected at last week's low of 1.6032, and resistance trend-line on chart at 1.6144

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