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Nov 29

TECHNICAL ANALYSIS BY NSFX 29.11.2013

By:admin

High:  Low: 

The pair extended the gains after breaking out from the Double Top formation at 1.6260. Currently, the pair has found resistance at the first daily pivot point at 1.6380 on back of overbought oscillators, which gives scope for a pullback towards the prior break-out point, where we expect new bids to enter.

R3
R2
R1
S1
S2
S3