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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 |