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May 08

TECHNICAL ANALYSIS BY NSFX 08.05.2015

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 tested when bullish traders reentered the market towards the 119.80 to 120 figure level, and pushing through to test but failing to breakout.

R3
R2
R1
S1
S2
S3