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Jul 23

TECHNICAL ANALYSIS BY NSFX 23.07.2013

By:admin

High:  Low: 

The pair managed to close above the 38.2% Fibo retracement level in the recent wave, which should open up for a test of the 1.3260-area. A buy on dips scenario could prove  valid as long as 1.3160 holds. Keep an eye on the daily Stochastics entering overbought territory which could cap upside.

R3
R2
R1
S1
S2
S3