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Oct 29

TECHNICAL ANALYSIS BY NSFX 29.10.2013

By:admin

High:  Low: 

The pair took out last week's low at 1.6115 this morning, but found support at the 50% Fibo retracement in the short term wave from 1.5894-1.6257 at 1.6075. Short term outlook still bearish unless we close above 1.6260. Bids seen at 1.6060-area before 1.5955 at the 50-day SMA

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