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Jun 27

TECHNICAL ANALYSIS BY NSFX 27.06.2013

By:admin

High:  Low: 

Daily, the index managed to come back from the 100-day SMA and is now clear. On a 4h-chart, the pair has found resistance in the recent wave at the 38.2% Fibo retracement with the 50 SMA just above. A close above would open up for a test of the 1620-area, whereas a too upbeat momentum could indicate a move back below 1600.

R3
R2
R1
S1
S2
S3