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Technical Analysis
Feb
02
TECHNICAL ANALYSIS BY NSFX 02.02.2016
HIGH: | LOW:
The bearish formation in price and the Relative Strength Index (RSI) continues to foster a long-term bearish outlook for AUDUSD, with the pair at risk of carving at near-term top amid the string of failed attempts to close back above the 0.7080 to 0.7090.
02
TECHNICAL ANALYSIS BY NSFX 02.02.2016
HIGH: | LOW:
Gold inclined above 1119.00 once again and that is a positive catalyst and would bring extension towards 61.8% Fibonacci at 1130.00. The pair is trading along an uptrend with target on 1130.
02
TECHNICAL ANALYSIS BY NSFX 02.02.2016
HIGH: | LOW:
The common currency was unable to gather enough momentum to rally, once again, meeting selling interest near the top of its range. EURUSD is struggling in a battle between both market forces the pair has a trading range to break.