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Mar 20

TECHNICAL ANALYSIS BY NSFX 20.03.2014

By:

High:  Low: 

The cross rate gained 130 pips since it left the double bottom in area 0.87. It might rise to test 0.89 and then buyers could lift the pair to the 0.9065 where now there is the 200SMA.  Below 0.8768 there is the important support at 0.87.

R3
R2
R1
S1
S2
S3