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Mar 28

TECHNICAL ANALYSIS BY NSFX 28.03.2014

By:Nati

High:  Low: 

Support at 1.3810 failed during Wednesday’s session and this is now expected to offer resistance going forward. Further resistance towards the 1.3850 area with a continuation above that area possibly targeting the 1.39 figure. A close below the important 100 day SMA could give a strong signal of a reversal to the recent bullish trend.

R3
R2
R1
S1
S2
S3