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Jan 16

TECHNICAL ANALYSIS BY NSFX 16.01.2015

By:Nati

High:  Low: 

The downward channel on the chart testing support in the 1.5032 and resistance towards 1.5270 which could give a temporary consolidation or confluence zone. Short term support could be found towards 1.5150 and then 1.5100, resistance towards the 1.52 figure psychological level before the 1.5270 and then the 1.5325 levels can be tested. The 50 day SMA major resistance level going forward.

R3
R2
R1
S1
S2
S3