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Apr 19

TECHNICAL ANALYSIS BY NSFX 19.04.2015

By:

High:  Low: 

The rate broke the support at 1.2360 and slided to 1.2090, making a bullish spike. It might be possibe a pullback at 1.2360 and the first relevant target of a bearish wave is 1.2. Below there is the 200SMA, now at 1.18. In case the pair will rise above 1.2360 it should test the short term supply line in area 1.25 and then the multiple top at 1.2825.

R3
R2
R1
S1
S2
S3