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Jul 23

TECHNICAL ANALYSIS BY NSFX 23.07.2013

By:Nati

High:  Low: 

On the chart a Fibonacci is drawn from the low in July 2012 to February's high. We saw from that high a retracement to the 38.2% level where support held. An interesting level at the 23.6% around the 0.8570 area. If we close below this level we could see a test of the 50 day SMA area in the 0.8550 area.

R3
R2
R1
S1
S2
S3