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May 05

TECHNICAL ANALYSIS BY NSFX 05.05.2015

By:Nati

High:  Low: 

Support in the 118.70 area expected the monthly low, a break below could target the 118 figure and then possibly the 117.20 area to the downside. Resistance breaking when further bullish traders reentered the market towards the 119.80 to 120 figure level, and pushing through. Could be an area of support going forward.

R3
R2
R1
S1
S2
S3