The assumed retracement to the key resistance levels was confirmed, but relative growth of bullish activity marked by OsMA trend indicator didn’t dispose to immediate realization of the planned short positions. Presently, taking into account overbought condition of the rate and general picture of close parity of parties activity, we assume a possibility of achievement of 1,4440/60, where it is recommended to evaluate activity development on the charts with smaller time frame. For short-term sales, on condition of formation of topping signals, the targets will be 1,4370/1,4400 and/or further breakout variant up to 1,4310/30, 1,4240/60. Alternative for buyers will be above 1,4520 with targets 1,4660/80, 1,4620/40, 1,4680/1,4700.
Posted on: Tue, 01 Oct 2013 23:42:08 +0000
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