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Jun 24

TECHNICAL ANALYSIS BY NSFX 24.06.2013

By:admin

High:  Low: 

A triangle wedge shows a consolidated range forming which is drawn from Fibo level high in July last year, and a low in August 2011 hitting a low at the 38.2 Fibo level. The downtrend from last July could lead to a retest of the Fibo support should the supporting trendline be broken. Major resistance at the 1.4820 area expected.

R3
R2
R1
S1
S2
S3