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Sep 24

TECHNICAL ANALYSIS BY NSFX 24.09.2014

By:Nati

High:  Low: 

On the long term using a weekly chart we see the trend-line resistance connecting the highs from January/Febuary 2002 and June 2007 holding during last week’s session. Should this area again be tested by bullish sentiment 110.65 would be the next target eyed by bullish traders, the August 2008 high. Support in the 105.25 region the resistance turned support area from the last breakout.

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