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Nov 04

TECHNICAL ANALYSIS BY NSFX 04.11.2013

By:Nati

High:  Low: 

The pair is currently testing support offered at the 38.2% Fibonacci level on the chart drawn from the low on the 22nd of October to the high on the 30th. A close below this level could see support then offered at 1.0386 tho 50% Fibo, and the 100 day SMA area. However if support holds close to the 1.0410 level resistance maybe offered towards 1.0440.

R3
R2
R1
S1
S2
S3