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Jul 03

TECHNICAL ANALYSIS BY NSFX 03.07.2013

By:admin

High:  Low: 

The pair managed a close below the 1.30-level yesterday and have is so far testing short term trend support from mid-May. A close below would open up for a test of 1.29 and then 1.2835. Upside, we need to close above the cluster of moving averages (50-,100- and 200-day SMAs) in order to regain positive momentum. Weekly, watch the 50-week SMA.

R3
R2
R1
S1
S2
S3