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Aug 01

TECHNICAL ANALYSIS BY NSFX 01.08.2014

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 The 1.0960 is the next expected level of resistance going forward. A reversal could see 1.09 level towards the 200 day SMA
R3
R2
R1
S1
S2
S3