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Mar 05

TECHNICAL ANALYSIS BY NSFX 05.03.2014

By:Nati

High:  Low: 

Trading taking place below the 100 day SMA resistance with support expected towards the 50 day SMA in 0.89 figure area. A breakout from this range may indicate if the down-trend is likely to continue following the recent AUD strength early this month. A break below the 50 day SMA could lead then to a test of the 0.8845 level. Resistance expected toward the 0.90 figure psychological level which currently coincides with the 100 day SMA.

R3
R2
R1
S1
S2
S3