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Feb 26

TECHNICAL ANALYSIS BY NSFX 26.02.2014

By:Nati

High:  Low: 

With 0.8224 holding as support yesterday we could see a period of consolidation between this area and the 50 day SMA resistance. With the downtrend in effect a break below the 0.8224 area could again retest the monthly lows. The 100 day SMA in the 0.83 figure area is close to the down-trending line through lower highs on the July, October, December and February highs.

R3
R2
R1
S1
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S3