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Apr 02

TECHNICAL ANALYSIS BY NSFX 02.04.2014

By:Nati

High:  Low: 

Support at 1.3810 which failed during last Wednesday’s session and this is now expected to offer resistance and this level is currently being tested. 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 at the 1.37 figure could give a strong signal of a reversal to the recent bullish trend.

R3
R2
R1
S1
S2
S3