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Mar 12

TECHNICAL ANALYSIS BY NSFX 12.03.2014

By:Nati

High:  Low: 

Trading below the support turned resistance level at the 0.88 figure could see a continuation of the down-trend with the next support level towards the 0.87 figure. Should buyers push through the resistance level, the next expected level towards 0.8868 could offer further sell orders in this area. A close above the 0.91 area of the 200 day SMA would be needed to reverse this strong down-trend.

R3
R2
R1
S1
S2
S3