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Aug 09

TECHNICAL ANALYSIS BY NSFX 09.08.2013

By:admin

High:  Low: 

After closing above trend resistance, the pair made a decent follow-through in yesterday's trading session as bidders sustained the current rally, just testing the 1.34-figure before offers kicked in. Current resistance at the June top at 1.3415 before 1.3445. On the downside, the Pivot Point has proved to hold so far in the morning session, but a break would open up for a  test of 1.3360 before a re-test of the trend line coming in at 1.3315.

R3
R2
R1
S1
S2
S3