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Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2013

By:admin

High:  Low: 

On a daily picture, the pair found resistance in the 61.8% ST Fibo in the recent wave around 1.3325 and not managing to continue on the bid, losing for the first day in five. Trend resistance projected from the August highs also providers offers as well as overbought daily Stochastics. On a 4H-chart, the pair is supported by the 50-period SMA as well as 50% Fibo retracement in the same wave as mentioned before.

R3
R2
R1
S1
S2
S3