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Sep 17

TECHNICAL ANALYSIS BY NSFX 17.09.2013

By:Nati

High:  Low: 

Currently the pair is trading just above the 99 figure, support could be drawn from the 100 day SMA as the pair tries to bridge the gap made at the start of the week. Resistance at last week's close of 99.36. Going forward a support level just below 98.50 could be interesting should resistance hold and the gap isn't crossed. If it is closed, a test of the 100 big figure could prove interesting going forward.

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