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Jul 13

TECHNICAL ANALYSIS BY NSFX 13.07.2014

By:

High:  Low: 

The rate is trading where there are the most relevant moving averages. First relevant resistance the spike at 0.9050 then 0.9051. In case selling pressure should bring down the price there is the static support at 0.8855. It looks unlikely that the SNB will let the pair to fall below the double bottom 0.87.

R3
R2
R1
S1
S2
S3