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May 15

TECHNICAL ANALYSIS BY NSFX 15.05.2014

By:Nati

High:  Low: 

Resistance again expected towards 1.6780 should we see an advance beyond this level the 1.6820 could again come into play. This level gave way sending prices lower following earlier in the week. Support currently being tested at the 1.6750 and 50 day SMA areas and a close below this could signal a reverse the prevailing bullish trend.

R3
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R1
S1
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S3