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Nov 21

TECHNICAL ANALYSIS BY NSFX 21.11.2013

By:Nati

High:  Low: 

Failing to close above the resistance trend-line towards 1.6150 yesterday saw support at 1.61 tested, and we are now trading below this level. The 50 day SMA at 1.6061 may offer support in the short term while the 1.60 figure could find buy orders triggered or stops taken out.

R3
R2
R1
S1
S2
S3