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Mar 04

TECHNICAL ANALYSIS BY NSFX 04.03.2014

By:Nati

High:  Low: 

We have seen Sterling gain since the beginning last month, up from the supporting trend-line towards the 164 figure. Currently the cloud is seeing the Senkou Span A acting as resistance, towards the 171 figure. Support expected towards 168.40 and the 100 day SMA, although a break below this area could see the 167 figure tested. Resistance towards the 170 figure coinciding with the 50 day SMA, which is currently being tested.

R3
R2
R1
S1
S2
S3