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Oct 07

TECHNICAL ANALYSIS BY NSFX 07.10.2013

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High:  Low: 

The pair found support on the 200SMA for three consecutive trading session. If the cross rate should rise the first significant resistance would be in area 98.70 where both the 21SMA and the 55EMA work as a dynamic resistance. Above this level there is the supply line in area 99.6. if the pair should fall below the 200SMA then the demand line in area 95.33 should be a valid support.

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