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Mar 08

TECHNICAL ANALYSIS BY NSFX 08.03.2015

By:

High:  Low: 

The pair made a multiple top at 185 but then lost ground and went below the supply line generated last December. If the rate will trade below its 55EMA support is likely a test of the 200SMA and then the multiple bottom in area 175.7. A breakout of 185 can lift the rate to  the multiyear top 189.65.

R3
R2
R1
S1
S2
S3