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Mar 20

TECHNICAL ANALYSIS BY NSFX 20.03.2014

By:Nati

High:  Low: 

The strong 1.66 figure support level was broken and this could now become resistance due to expected short stop losses. Yesterday's session closed close to the 50% Fibonacci level from the low on the 5th of Feb to the high on the 17th of the same month. The 100 day SMA could offer support should bearish sentiment continue.

R3
R2
R1
S1
S2
S3