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Mar
16
TECHNICAL ANALYSIS BY NSFX 16.03.2014
By:
High: Low:
The cross rate had fourth consecutive negative trading days and went below both both the 55EMA and the 21SMA. It had a successfull test at 101.33 but if it should trade below this level it might test the 200SMA at 100.65. A rebound will find resistance at 102.4 where moving averages are flat now, and above at 103.88 there is a static resistance.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |