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Aug 02

TECHNICAL ANALYSIS BY NSFX 02.08.2013

By:admin

High:  Low: 

The pair has fallen for five straight days in a row and is currently struggling with the 50% Fibo retracement in the recent wave, where a close below would open up for a move towards 1.5050 and then the 1.50-figure. Upside, 1.5150 is first resistance. Stochastics in oversold territory could add to upside.

R3
R2
R1
S1
S2
S3