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Sep 18

TECHNICAL ANALYSIS BY NSFX 18.09.2013

By:admin

High:  Low: 

The pair took out the 100-day SMA earlier in the week which has opened up for a test of the 38.2% Fibo retracement in the Sep 2012 – 2013 high wave at 1.0245. Below here, the 200-day SMA comes in at 1.0217. Market still is set up for a sell on rallies on a technical basis.

R3
R2
R1
S1
S2
S3