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Nov 05

TECHNICAL ANALYSIS BY NSFX 05.11.2014

By:Nati

High:  Low: 

September and October tests saw the 1.40 level offering strong psychological support, with the resistance channel and 100 day SMA now a probable area of resistance in the 1.4350 – 1.4400 region. The 1.4460 level would need to be passed by bullish traders to lead to possible reversal of trend.

R3
R2
R1
S1
S2
S3