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Dec 12

TECHNICAL ANALYSIS BY NSFX 12.12.2013

By:Nati

High:  Low: 

The pair has reached strong support toward the 0.8868 level tested today and earlier in the week. A break below this area, confirmed by a close below yesterday's low of 0.8840 could confirm a continuation of the downward trend. 0.8890 could be a level of resistance going forward before 0.8920 comes into play.

R3
R2
R1
S1
S2
S3