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Feb 24

TECHNICAL ANALYSIS BY NSFX 24.02.2014

By:Nati

High:  Low: 

Dollar weakness was met with strong support and subsequent buying interest on the 19th and the resistance towards 1.1030 was breached, last week saw a test of the 1.1173 resistance level which remains an interesting level going froward. Should we see price action close above this area the next resistance level expected to be towards the 31st of January high.

R3
R2
R1
S1
S2
S3