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Aug 28

TECHNICAL ANALYSIS BY NSFX 28.08.2014

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 last month’s low of 1.0620 Resistance expected towards the 1.10 figure area. The 1.09 figure support gave way, with the next support level towards 1.0860 currently being tested.

R3
R2
R1
S1
S2
S3