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Dec 14

TECHNICAL ANALYSIS BY NSFX 14.12.2014

By:

High:  Low: 

The rate after its 360 pips retracement from the 121.89 top is struggling to rise above its 21SMA. Below the static support  at 117.19 the pair might test 115.3, the 55EMA. The rate left its overbought level, but the ATR is making a new 2014 high.

R3
R2
R1
S1
S2
S3