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May 07

TECHNICAL ANALYSIS BY NSFX 07.05.2015

By:Nati

High:  Low: 

Resistance towards the 1.5030 area finally giving way last week, and we could see this level again offering support in the near term. The 200 day SMA and the 1.55 figure level coinciding to see major bearish pressure pushing prices lower to the current area with support towards the 100 day SMA at 1.5080 and the 1.51 figure level.

R3
R2
R1
S1
S2
S3