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Mar 22

TECHNICAL ANALYSIS BY NSFX 22.03.2015

By:

High:  Low: 

The rate still trading in the 600 pips range with higher side 121.91 and lower side 115.56.  The last time the pair had a duration interval of 3 months was the last spring. Momentum position above 121.91 will have as a target 130. Below 115.56 the pair should test the 200SMA, now at 113.22.  A relevent static support is at 110.

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