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Aug
02
TECHNICAL ANALYSIS BY NSFX 02.08.2013
By:admin
High: Low:
After testing trend resistance from the 2013 highs, the pair sold off heavily in yesterdays trading session and found support at 23.6% Fibo retracement in the recent wave just above the 1.32-figure. 50-day SMA crossover of 200-day SMA could provide some support along with oversold momentum indicators in the short term. Weekly, the pair so far is set for it’s first loss in four weeks.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |