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Apr 28

TECHNICAL ANALYSIS BY NSFX 28.04.2014

By:Nati

High:  Low: 

Trading above the 100 day SMA, support expected towards the 1.10 figure. The 50 day SMA could offer resistance going forward should USD gain momentum. Trading below the 1.10 figure could see a test lower to the 1.09 support area. However should sentiment push the pair higher then a break above the 1.1070 area could see 1.1170 level come into play.

R3
R2
R1
S1
S2
S3