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Jul 24

TECHNICAL ANALYSIS BY NSFX 24.07.2014

By:Nati

High:  Low: 

Resistance towards the 0.8970 area could not hold advance last week, and the 0.90 figure also gave way to the bulls. Support currently expected towards the 0.8970 area, and a break above the 0.90 figure could target the 0.9040. Should the USD lose ground however the 50 day SMA could offer support going forward.

R3
R2
R1
S1
S2
S3