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Sep 10

TECHNICAL ANALYSIS BY NSFX 10.09.2013

By:admin

High:  Low: 

The pair experienced a decent follow through yesterday after finding bids at the 50% Fibo   retracement at 1.3103 in the July low to August high wave, closing back above the 50-day SMA. So far, offers have been seen at 1.3280 (ST Fibo) and a breach would open up for a test of 1.3317 and then 1.3365. Downside, 1.3220-area should provide support before the 1.32-figure.

R3
R2
R1
S1
S2
S3