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Jul 25

TECHNICAL ANALYSIS BY NSFX 25.07.2014

By:Nati

High:  Low: 

Trading up from the test of the supporting trend-line connecting the lows from September 2012 and September 2013 we see the USD gain some ground off this month’s low of 1.0620 Resistance expected towards the 50 day SMA in the 1.0775 region currently. The 1.07 figure could offer important support going forward.

R3
R2
R1
S1
S2
S3