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Dec 05

TECHNICAL ANALYSIS BY NSFX 05.12.2013

By:admin

High:  Low: 

After five weeks of gaining, the pair is so far down, but a close above 102.50 would make the sixth straight gain a reality. On a daily basis, we have seen a correction following overbought oscillators and today the pair is currently trading below the Tenkan-Sen in the Ichimoku formation. A close below would open up for 101.40 and then 100.60.

R3
R2
R1
S1
S2
S3