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Jun 08

TECHNICAL ANALYSIS BY NSFX 08.06.2014

By:

High:  Low: 

The index made a new record high and closed on its intraday high above 1950.  The higher band of the channel should be a significant resistance and a breakout above it should lift the pair to 2000.  First relevant support in area 1914 but many stop losses would be triggered if the index falls below 1900.

R3
R2
R1
S1
S2
S3