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Jun 22

TECHNICAL ANALYSIS BY NSFX 22.06.2014

By:

High:  Low: 

The rate is trading between the 21SMA and the 55EMA. Above 0.9040  many short positions might be closed. 0.92 area can be considered a short term target.  If the swiss franc should gain ground seems that is unlikely that the SNB will let the rate to fall below 0.87.

R3
R2
R1
S1
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