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Sep 11

TECHNICAL ANALYSIS BY NSFX 11.09.2013

By:admin

High:  Low: 

The pair managed to take home another positive session, but downside is being tested as seen by the long lower shadow on daily. On the 4H-chart, the pair is caught between two Fibo retracement levels in a relatively tight range 1.3234-1.3276, which could be used for a break-out play. Short-term oscillators elevated, which could give price action a bearish bias.

R3
R2
R1
S1
S2
S3