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Jun 25

TECHNICAL ANALYSIS BY NSFX 25.06.2013

By:admin

High:  Low: 

Daily picture showed that the bearish price action was not able to follow through yesterday, as the pair found significant support in the 50% Fibo retracement level as well as the 50, 100 and 200-day SMA. These were all tested, but not able to close below, which would have opened up for a test of the 1.30-figure. Daily resistance at 1.3160 before 1.3240.

R3
R2
R1
S1
S2
S3