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Aug 29

TECHNICAL ANALYSIS BY NSFX 29.08.2013

By:Nati

High:  Low: 

Following a significant sell off on Tuesday the pair today could see support at the 50 day SMA area, with resistance possibly in the 152.70 area. The pair could trade within the range for some time, with the possibility for a breakout trade in the long term.

R3
R2
R1
S1
S2
S3