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Mar 24

TECHNICAL ANALYSIS BY NSFX 24.03.2014

By:

High:  Low: 

The static support at 101.22 worked well and the pair could rise 100 pips and now is struggling against both the 21SMA and the 55EMA. A brekout of those dynamic resistance could lift the pair to test the supply line generated from the top 105.44.  If the cross rate should fall below 101.21 it might test the 200SMA at 100.65.

R3
R2
R1
S1
S2
S3