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Sep 12

TECHNICAL ANALYSIS BY NSFX 12.09.2013

By:admin

High:  Low: 

The pair experienced it's fourth day of gaining in a row and intra-day, we saw a decent break-out from the 50% Fibo retracement at 1.3276 level in the recent wave to the 61.8% at 1.3316, where offers have been seen so far. An additional upside move, would give scope for a test of the 200-week SMA, coming in at 1.3355, before the August top 1.3451.

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