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Apr 28

TECHNICAL ANALYSIS BY NSFX 28.04.2014

By:Nati

High:  Low: 

On the weekly chart we see the supporting trend-line currently being tested. The resistance level towards 102.60 with the support towards 101.60 could indicate a range for a period of consolidation before any breakout can occur. Should the symmetrical triangle formation transpire a continuation of the bullish trend could see 110 or even 111 eyed as a technical target.

R3
R2
R1
S1
S2
S3