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Jun 27

TECHNICAL ANALYSIS BY NSFX 27.06.2013

By:admin

High:  Low: 

Fibo level 61.8 holds as support, drawn from low in early October last year to high on the 4th of April. Resistance level in the 92.00 area. Should this level break on the upside perhaps a test of the 200 day SMA and resistance in the 93.40 area which was a support in January this year beyond the 50 Fibo level at 92.40. A retest of the 61.8 level or a break below could target the 85.60 area, the next Fibo level and support late last year.

R3
R2
R1
S1
S2
S3