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Nov 18

TECHNICAL ANALYSIS BY NSFX 18.11.2013

By:Nati

High:  Low: 

Last week saw a low of 1.5853. Today the pair is trading nearly 300 pips higher. Support expected to be in the 1.61 region before the 50 day SMA can be tested again. Resistance today expected to be in the 1.6160/65 area before we can possibly retest the highs of October.

R3
R2
R1
S1
S2
S3