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Jul 02

TECHNICAL ANALYSIS BY NSFX 02.07.2013

By:admin

High:  Low: 

Recent support at the 61.8% Fibo level held at 89.29 following a sell off from the high from early April. This could be a correction and lead to continuation of the recent bull trend from the low in October 2012. Support around 91.20 could hold as this was an interesting figure late last week and also from the start of the year back in the first week of January. Resistance could be seen in the 93.40 area should momentum take us on an upward trajectory.

R3
R2
R1
S1
S2
S3