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Aug
12
TECHNICAL ANALYSIS BY NSFX 12.08.2013
By:admin
High: Low:
After taking out Cloud Base in the Ichimoku formation, the pair has found bids at the 76.4% Fibo retracement in the wave from 2013 highs to June lows at 96.10-area. Momentum-indicators suggest a throwback towards the Cloud Base, but a break of the current lows could lead to a continuation of the downtrend and there is room to the downside for a test of wave lows after testing the 200-day SMA.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |