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May 20

TECHNICAL ANALYSIS BY NSFX 20.05.2015

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 finally pushing through to the current test of the 120.85 level.

R3
R2
R1
S1
S2
S3