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Oct 21

TECHNICAL ANALYSIS BY NSFX 21.10.2013

By:

High:  Low: 

The pair is struggling to rise above the 21SMA at 98.07. After that level the next test would be the 55EMA in area 98.5 and then the supply line that links descending tops in area 99.53. In case the cross rate should retrace the first support would be the 200EMA in area 97.39 and then the demand line at 96.78.

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