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Feb 25

TECHNICAL ANALYSIS BY NSFX 25.02.2014

By:admin

High:  Low: 

The pair is struggling to close above the 23.6% Fibo retracement in the recent wave on daily. Weekly, the pair is still stuck in the 50-61.8% interval from the 2011 highs to 2012 lows, but pushing towards the upside. Oscillators in neutral could indicate additional sideways trading, confirmed by the recent candles, showing indecisive price action.

R3
R2
R1
S1
S2
S3