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Sep 24

TECHNICAL ANALYSIS BY NSFX 24.09.2013

By:

High:  Low: 

The cross rate is trading between the 55EMA and the 21SMA. The last three trading session had a decrease of volatility.  A retracement to test 96.4  would be an intermediate turning point to evaluate the trading environment of the pair. Only a consolidation above 100.5 will create the conditions to put buyers on control.

R3
R2
R1
S1
S2
S3