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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2014

By:

High:  Low: 

The pair seems that is making a parabolic price pattern but it will need confirmation to fall below 1.08. Above 1 the cross rate would test price levels traded during 2008 at 1.140.  In case of a retracement first test at 0.823 and then at 0.807.

R3
R2
R1
S1
S2
S3