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May 23

TECHNICAL ANALYSIS BY NSFX 23.05.2014

By:Nati

High:  Low: 

Support tested last week at the 1.6750 and 50 day SMA areas and a close below this could signal a reverse the prevailing bullish trend. Support again expected towards the 1.68 figure psychological level. Resistance at 1.6873 and beyond that we saw a test of the 1.6920 area resistance yesterday.

R3
R2
R1
S1
S2
S3