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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