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Sep 17

TECHNICAL ANALYSIS BY NSFX 17.09.2013

By:Nati

High:  Low: 

The pair gapped up this week before resistance was seen at the 23.6% Fibonacci level at 1.5962 before it sold off to close at 1.5895 yesterday. A general uptrend is in play although indicators could show the pair entering overbought territory and possibility a correction on the downside could occur. Support in the region of last week's high and S1 on the pivot points at 1.5870

R3
R2
R1
S1
S2
S3