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May 07

TECHNICAL ANALYSIS BY NSFX 07.05.2014

By:Nati

High:  Low: 

The resistance level towards 102.60 with the support towards the 102 figure and the 101.60 could provide a floor in a range for a period of consolidation before any breakout can occur. Should bullish price action breach the 100 day SMA the 103.30 resistance level could offer resistance going forward. Currently testing the lower support with 101.20 an expected important level of support.

R3
R2
R1
S1
S2
S3