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Dec 05

TECHNICAL ANALYSIS BY NSFX 05.12.2013

By:Nati

High:  Low: 

The pair could be entering a period of sideways movement, although a possible bullish trend-line could signal some buyers to enter the market and push the Pound higher. Support at the 1.6343 area with resistance towards 1.6441 the high from last week.

R3
R2
R1
S1
S2
S3