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May 25

TECHNICAL ANALYSIS BY NSFX 25.05.2014

By:

High:  Low: 

The pair is testing its 200SMA at 0.8960. Above this level buyers might lift the rate to 0.92 and then to 0.9460. Below 0.87 the UsdChf might testr 0.85 but in this scenario is likely that the SNB will devaluate its currency.

R3
R2
R1
S1
S2
S3