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Jan 03

TECHNICAL ANALYSIS BY NSFX 03.01.2014

By:

High:  Low: 

Second negative day for the pair after it traded in a range with ceiling a multiyear price level at 105.42. The 21SMA worked as support today but if the pair should fall more then 102.28 first and then 100.66 would be the next support. Only a breakout above 105.42 could lift the pair to 107 and then to test 110.

R3
R2
R1
S1
S2
S3