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Jul 11

TECHNICAL ANALYSIS BY NSFX 11.07.2013

By:admin

High:  Low: 

The pair bounced off significantly from the lows on Tuesday and has tested bear trend resistance from the June 2013 highs, where a close above is needed for further upside and test of 76.6% Fibo and 100-day SMA. Yesterday, the pair formed a bullish engulfing pattern, which could add to bullish sentiment.

R3
R2
R1
S1
S2
S3