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Sep 05

TECHNICAL ANALYSIS BY NSFX 05.09.2013

By:admin

High:  Low: 

Cable has throughout this week been on the bid after rejecting the 200-day SMA last week. Trend resistance could be in play soon, coming in at the 1.5670-area before August top at 1.5717. Weekly, the pair is still being capped by the 50-week SMA, which has acted as resistance throughout 2013.

R3
R2
R1
S1
S2
S3