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Jan
15
TECHNICAL ANALYSIS BY NSFX 15.01.2014
By:admin
High: Low:
Following two dojis – a signal of indecisive trading behaviour and possible change of trend – the pair has reversed lower, breaching the 50-day SMA. A close below would open up for a test of the 100-day SMA at 1.3603 before short term wave lows at 1.3548. Upside, we need a close above 1.37 to regain bullish momentum.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |