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May 30

TECHNICAL ANALYSIS BY NSFX 30.05.2014

By:Nati

High:  Low: 

Currently trading towards the 0.85 figure and the  the 100 day SMA resistance. The 0.86 resistance could again be tested this week should NZD gain against the USD and the supporting levels hold. Support expected towards yesterday’s low, and should the resistance toward the 0.85 area hold further downside action is possible.

R3
R2
R1
S1
S2
S3