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Mar 25

TECHNICAL ANALYSIS BY NSFX 25.03.2014

By:admin

High:  Low: 

The pair broke of the recent wedge, but has not been able to sustain a decent follow-through and we are currently witnessing a pull-back towards the trend line projected from the Jan 2014 highs. Should we close above 1.1075 this week, there is room for additional upside using the 50% Fibo retracement in the 2007-2009 wave.

R3
R2
R1
S1
S2
S3