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Aug 27

TECHNICAL ANALYSIS BY NSFX 27.08.2015

By:Nati

High:  Low: 

Testing the 1.58 figure level of resistance this week, the breakout that could have targeted the 1.5930 level never materialized and we saw a major selloff breaking support at 1.57 then 1.5620 and subsequently the 1.55 figure level. The 1.5450 level the next area of support going forward.

R3
R2
R1
S1
S2
S3