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Mar
05
TECHNICAL ANALYSIS BY NSFX 05.03.2014
By:Nati
High: Low:
Support toward the 1.66 figure, with the next level below expected to be towards the 1.6534 area of the 50 day SMA. The highs of last week may again offer resistance towards the 1.6750 area before the high of the month can be retested. The 1.66 figure also coincides with the 38.2% Fibonacci level in the recent wave from the low on 5th of Feb to the high on the 17th.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |