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Feb
24
TECHNICAL ANALYSIS BY NSFX 24.02.2014
By:admin
High: Low:
The pair had it’s third consecutive week of gains after touching the 50% Fibo retracement in the wave from 2011 high – 2012 low. Currently, the pair is chasing last week’s high at 1.3773, where stops could trigger additional upside for a potential re-test of the 2013 December highs. Oscillators are neutral, but slightly elevated.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |