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May
19
TECHNICAL ANALYSIS BY NSFX 19.05.2014
By:Nati
High: Low:
Support tested last week at the 1.6750 and 50 day SMA areas and a close below this could signal a reverse the prevailing bullish trend. Support again expected towards the 1.68 figure psychological should we see an advance beyond this level the 1.6820/40 area could again come into play. A break above this area could see 1.6873 targeted.
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