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Aug 17

TECHNICAL ANALYSIS BY NSFX 17.08.2014

By:

High:  Low: 

The rate made a multiple top in area 0.9115. It seems that will test the demand line generated from the May low.  Below the bullish trendline there is 0.8858 area and then the double bottom at 0.87. A consolidation above 0.9115 should lift the pair with target 0.9455

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R1
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