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Dec 16

TECHNICAL ANALYSIS BY NSFX 16.12.2013

By:

High:  Low: 

After the breakout of the 2013 top the pair is in a trading range and made a pullback at 1.6257. If it should fall below this level there is the 55EMA at 1.6175. An intermediate support could be at 1.5897. If the cross rate should rise above 1.6409 the next resistance should be at 1.66 and then at 1.6766.

R3
R2
R1
S1
S2
S3