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May 20

TECHNICAL ANALYSIS BY NSFX 20.05.2014

By:Nati

High:  Low: 

The 200 day SMA level gave way late last week with further support at 101.20 an  important level going forward. The resistance level now expected towards 101.60 with the  102.60 area possibly a ceiling to a range before a breakout can occur. Should bullish price action breach then the 103.30 level could offer resistance going forward.

R3
R2
R1
S1
S2
S3