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May 11

TECHNICAL ANALYSIS BY NSFX 11.05.2014

By:

High:  Low: 

The pair after it made a double bottom at 0.87 area rose for 2 consecutive sessions and might test 0.8970 and then 0.9150. Below 0.87 the pair could fall to 0.85 but then is likely that the SNB will devaluate the Swiss Franc.

R3
R2
R1
S1
S2
S3