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Jul 30

TECHNICAL ANALYSIS BY NSFX 30.07.2013

By:admin

High:  Low: 

Trend resistance from June 2013 highs was respected yesterday and although the pair tested the 38.2% Fibo retracement at 1.5393, it did not manage a close above, indicating a bearish market pressure and a potential move to test the 50- and 100-day SMAs, just above the 1.53-figure. Oscillators in neutral territory.

R3
R2
R1
S1
S2
S3