/ 

Sep 06

TECHNICAL ANALYSIS BY NSFX 06.09.2013

By:admin

High:  Low: 

The pair enjoyed a a very positive day yday closing above the 100-day SMA for the first time since mid-July, but more interesting, also closing above the 50% Fibo retracement in the recent wave, which could imply additional upside.  Overbought oscillators could keep the pair in consolidation, but with the trend still being positive, a buy on dips towards the 100-day SMA could be preferred.

R3
R2
R1
S1
S2
S3