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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 | |
S2 | |
S3 |