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Aug 05

TECHNICAL ANALYSIS BY NSFX 05.08.2013

By:Nati

High:  Low: 

On the weekly chart we see a downward trend develop since the breakout from the consolidation period in the last quarter of 2012 and first quarter 2013. This week sees a support level at 0.8873 being tested, the currency testing lows not seen since 2010, a close below this could see a test in the 0.8771 area.

R3
R2
R1
S1
S2
S3