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Sep 26

TECHNICAL ANALYSIS BY NSFX 26.09.2014

By:Nati

High:  Low: 

Downward trend in effect since the $107.65 high in May leading to a drop to the low of $90.42 last week. The $93.60 mark could offer resistance this session. Should bearish sentiment resume 90.14 could offer further support a level of interest from May of last year. The 50 day SMA an important level of resistance, a break of which at the $94.60 mark could lead to bullish price action, with $96 a further level of interest.

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R1
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