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Apr 17

TECHNICAL ANALYSIS BY NSFX 17.04.2014

By:Nati

High:  Low: 

Trading off resistance at 1.3890 met support at 1.3810 just above the 50 day SMA. A continuation of the bullish trend could again retest the 1.3890 level with 1.3967 the next expected level of resistance going forward. A break below the 50 day SMA could target the 1.3750 trend-line support before the 100 day SMA close to the 1.37 figure can come into play.

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