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Sep 02

TECHNICAL ANALYSIS BY NSFX 02.09.2015

By:Nati

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Downside action and a close below the 187.70 level leads to a test of the 184.70 level and the 100 day SMA and the coinciding 50% level on Fibo connecting low of April and June high. This level gave way over the previous days and bearish traders could see the 183 figure level could now offer an area of support going forwardshould prices rise above 187.70 once more.

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