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Sep 05

TECHNICAL ANALYSIS BY NSFX 05.09.2013

By:admin

High:  Low: 

The pair has been enjoying a bull ride for since printing August lows at 95.80 and has this morning touched the 100-level, where offers have been observed, coinciding with the 38.2% Fib retracement in the wave from 2013 highs in May to June lows. Overbougt stochastics could add supply to the price action though.

R3
R2
R1
S1
S2
S3