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Sep 18

TECHNICAL ANALYSIS BY NSFX 18.09.2013

By:admin

High:  Low: 

The pair is still in the Ascending Triangle with confirmation of the formation at the breach of September highs at 133.30 at first and then 2013 highs at 133.80. On the downside, the 76.4% Fib retracement in the 2013 high to June low wave coinciding with the Tenkan-Sen in the Ichimoku Cloud formation around 131.63 provides daily key support. The pair is neutral regarding daily oscillators, but technical picture still constructive.

R3
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R1
S1
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S3