TECHNICAL ANALYSIS BY NSFX 26.12.2013
The pair gapped up and likely will test 107 area. The 2014 target for the cross rate could be in 116 area. Below 103.72 area stop losses of traders with a short time horizon will be triggered and the the pair could test 100 area. The trend still positive and only parabolic slope or reversal price patterns could change the pair environment.