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Dec 24

TECHNICAL ANALYSIS BY NSFX 24.12.2013

By:

High:  Low: 

There is a positive fact in the pair uptrend: the double pullback in area 103.79. If buyers will lift the price above 104.76 then next key resistance area would be at 107 and 110. If  a retracement should make the cross rate to fall below 103.79 the 55EMA at 101.49 might work as dynamic support.

R3
R2
R1
S1
S2
S3