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Apr 01

TECHNICAL ANALYSIS BY NSFX 01.04.2013

By:Nati

High:  Low: 

The chart identifies a double top formation, which once confirmed with a close below the mid-point low of 88.50 would leave a technical target of 82.50 These are shown on the chart and coincide with the 38.2 and 76.4 on the Fibonacci chart drawn from the low on the 9th of November and the high point of the first top on the 7th of February.

R3
R2
R1
S1
S2
S3