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Jun 13

TECHNICAL ANALYSIS BY NSFX 13.06.2013

By:admin

High:  Low: 

Technical picture on a daily basis is grim as the pair is looking to close below cloud support in the Ichimoku Cloud formation for the first time since September 2012. So far, the pair has found support at the 76.4% Fibo retracement in the Feb-May 2013 wave just below the 94-figure, but should offers persist, we could see a test of 92.57 and then wave low at 90.87. A close above the cloud is needed to change bearish picture.

R3
R2
R1
S1
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S3