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Jan 29

TECHNICAL ANALYSIS BY NSFX 29.01.2014

By:admin

High:  Low: 

After testing 100-week SMA and 50% Fibo retracement in the 2007-2009 wave, the pair has been offered and is currently in the middle of the range of the 50% Fibo retracement to the 61.8% Fibo retracement, latter being the recent lows at 0.8168. These levels could be potential break-outs, but so far, range trades have been preferable.

R3
R2
R1
S1
S2
S3