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Nov 27

TECHNICAL ANALYSIS BY NSFX 27.11.2013

By:Nati

High:  Low: 

The pair trading on a 0.9060 support for the number of trading days. A test of USD strength on Monday was rejected by the 0.9131 resistance level. Today sees the 50 day SMA offering short term resistance in the 0.9079 region and a close above the 100 day SMA at 0.9165 would be needed to see the possibility of bullish sentiment taking over again.

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