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Jan 15

TECHNICAL ANALYSIS BY NSFX 15.01.2015

By:Nati

High:  Low: 

Resistance held at 0.7850. Support giving way in the 0.78 figure area with bearish sentiment continuing beyond this we see a retest of the recent low at 0.7744  which could now offer resistance going forward. Major resistance expected towards the 200 day SMA and a break out would be required in order to reverse this bearish trend.

R3
R2
R1
S1
S2
S3