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May 21

TECHNICAL ANALYSIS BY NSFX 21.05.2015

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 the 120.85 level, which could now act as support.

R3
R2
R1
S1
S2
S3