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Sep 30

TECHNICAL ANALYSIS BY NSFX 30.09.2013

By:

High:  Low: 

The pair gapped down 40 pips from Friday close and likely will test the supply line in area 97.43. Below that level there is the 200SMA in area 96.67. An intermediate target  in case of  a strong Yen would be 93.74, the relative minimum reached the 13th of June.  In case the cross rate should rise the SMA21 in area 98.73 would be the first key area.  Above 100.6 the pair could gain speed to test 103.72

R3
R2
R1
S1
S2
S3