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Sep 27

TECHNICAL ANALYSIS BY NSFX 27.09.2013

By:

High:  Low: 

The cross rate found resistance against both the 55EMA and the 21SMA. Now the pair is trading below both of them and is making  descending tops from the relative high reached the 11th of September.  Likely a test in area 97.85 and if the price should fall below the supply line then the 200SMA would be the next target.  Above 99.70 buyers should be in control again with target 103.75.

R3
R2
R1
S1
S2
S3