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Dec 18

TECHNICAL ANALYSIS BY NSFX 18.12.2013

By:

High:  Low: 

The pair found yesterday the 21SMA as a good support and today is in a positive territory  and is going likely to test the 2013 top at 103.6. Above this level the pair might test 107 and 110, 2 price level traded the last time in 2008. A retracement  of the pair could bring the price to test 101.54. and then the 200SMA at 99. Just  below 96 sellers might start to be in control.

R3
R2
R1
S1
S2
S3