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Nov 25

TECHNICAL ANALYSIS BY NSFX 25.11.2013

By:admin

High:  Low: 

The pair had its third positive week in a row last week and bidders have sent the pair up to the area of the double tops from earlier this year around 1.6260. We have witnessed a small correction this morning, but a buy on dips towards the 50-day SMA should be a likely setup with a potential break-out above the double top.

R3
R2
R1
S1
S2
S3