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Aug 15

TECHNICAL ANALYSIS BY NSFX 15.08.2014

By:Nati

High:  Low: 

An interesting test of the 0.91 figure resistance, a break could signal a reversal of the long term bearish trend. Should the trend-line through the 2010 and 2013 highs break we could see bullish advances towards the 0.92 figure and beyond. Short term support expected towards 0.9040, if this breaks we could see further downside action.

R3
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R1
S1
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S3