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Jul 15

TECHNICAL ANALYSIS BY NSFX 15.07.2013

By:admin

High:  Low: 

Cable printed new 2013 lows last week, but did not make a follow-through lower, closing the week in positive territory. On daily, upside was rejected at the 61.8% Fibo retracement in the wave from prior 2013 lows to June highs in the 1.5180-area, which along with last week's high act as resistances. Support in the 1.50-area before the 2013 lows at 1.4807.

R3
R2
R1
S1
S2
S3