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Sep 23

TECHNICAL ANALYSIS BY NSFX 23.09.2013

By:

High:  Low: 

The pair still trading above the 21SMA as support after the confirmed pullback on the supply line. If the cross should gain again 100 and make a consolidation above that level new buyers will join the rally.  A risk reversal market environement  will  accelerate the appreciation of the Yen only below the 200SMA at 96.30 area.

R3
R2
R1
S1
S2
S3