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Mar 27

TECHNICAL ANALYSIS BY NSFX 27.03.2014

By:Nati

High:  Low: 

The resistance trend-line connecting lower highs since late last year is being respected by traders which could lead to the formation of a wedge technical formation with a break below the 101.20 support triggering further sell orders. Resistance expected towards the 102.60 area with a close above this level leading to the next expected test of the 103.30 area resistance.

R3
R2
R1
S1
S2
S3