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Sep 12

TECHNICAL ANALYSIS BY NSFX 12.09.2014

By:Nati

High:  Low: 

The descending trend-line connecting the 2010 and 2013 highs broke leading to the bullish advances towards the 0.92 figure and beyond.  Support now expected toward the 0.93 figure. The 0.9250 level could be an interesting area going forward, as stops could have been moved to this level following last week’s advance. 0.94 an expected level of resistance should bullish sentiment continue, with 0.9465 an area of interest beyond.

R3
R2
R1
S1
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S3