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Dec 12

TECHNICAL ANALYSIS BY NSFX 12.12.2013

By:Nati

High:  Low: 

Cable experienced a test of resistance at 1.6442 and hit a high of 1.6465 yesterday dropping back to the supporting level toward the 1.6343 area. Currently the pair is trading in the 1.6406 region. With further support in the 1.63 figure area, resistance could now be found towards the high from yesterday's session.

R3
R2
R1
S1
S2
S3