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Nov 16

TECHNICAL ANALYSIS BY NSFX 16.11.2014

By:

High:  Low: 

The rate is off its 2014 top and might retrace below its 55EMA and test the demand line generated at 0.87. Above 0.9746 the rate can reach the parity and then 1.2. The RSI is below 70 thus the pair is not overbought.

R3
R2
R1
S1
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S3