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May 26

TECHNICAL ANALYSIS BY NSFX 26.05.2014

By:

High:  Low: 

The supply line is the most  relevent resistance for the rate. A breakout might lift the pair to 10.98 and a bullish target could be area 11.33. In case selling pressure will continue and UsdZar will fall below the demand line generated 2 years ago the rate could test 10.01 and then 9.53.

R3
R2
R1
S1
S2
S3