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Aug 09

TECHNICAL ANALYSIS BY NSFX 09.08.2013

By:admin

High:  Low: 

Following four red days, the pair finally managed to take home some lost ground yesterday, finding bids at the 76.4% Fibo retracement in the wave from 2013 highs to June lows. Overall, the technical outlook is still bearish but intra-day, we could see a reversal to the upside as oscillators are in oversold territory.

R3
R2
R1
S1
S2
S3