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Jan
17
TECHNICAL ANALYSIS BY NSFX 17.01.2014
By:admin
High: Low:
The pair sustained below the 50-day SMA yesterday and is currently testing the 100-day SMA and 50% Fibo retracement in Nov-Dec 2013 wave. A close below would open up for a test of 1.3580 before recent lows at 1.3548. Upside, we need a close back above the 50-day SMA and a supportive close above 1.37 to confirm bullish scenario.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |