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Jun 19

TECHNICAL ANALYSIS BY NSFX 19.06.2014

By:Nati

High:  Low: 

We could have seen a bottom at 1.0820 is retest holds. The 100 day SMA and the 1.10 figure level could be a potential target for bullish traders going forward should the 200 day SMA see the buying interest that was seen last time it was met, and the 1.09 level and 50 day SMA is passed. A break lower could see the 1.07 level to 1.0730 as a bearish target.

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