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Mar
11
TECHNICAL ANALYSIS BY NSFX 11.03.2014
By:admin
High: Low:
The pair broke free from the downtrend projected from the Aug 2013 highs and closed above the 100-day SMA as well. Current resistance at the Feb 2014 highs at 0.8350, where a break could open up for a test of 0.8420-area (38.2% Fibo resistance on 2012 low – 2013 highs). Daily oscillators approaching overbought territory, but so far no signs of divergence.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |