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Jan 06

TECHNICAL ANALYSIS BY NSFX 06.01.2014

By:Nati

High:  Low: 

The pair may have formed a double top late last month, with a close below the neckline confirmed on Friday. This could see traders targeting just below the 1.50 support level. A break below the 500 day SMA could reverse the upward trend we had been experiencing lately.

R3
R2
R1
S1
S2
S3