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Aug 30

TECHNICAL ANALYSIS BY NSFX 30.08.2013

By:Nati

High:  Low: 

Further interest in the area of support at the 200 day SMA level. A close below this area could open up for a test in the 1.5450 area. Resistance maybe expected in the 1.5550 region up towards the 50% Fibonacci level. A continuation of upward action beyond the 50% level could see the possibility of a test of monthly highs.

R3
R2
R1
S1
S2
S3