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30th Aug - Silver’s Key Support Under Pressure

30 August 2014

WEEKLY CHART – CONTINUATION:

The long term 76.4% retracement has provided good support, but recovery attempts from this have been feeble to date.

DAILY CHART – Dec-14:

The pullback has finally reached a dual support area provided by the 19.400 76.4% retracement and falling return line just above.

S/term we await reaction here – a break lower would provide the next bear signal.

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28th Aug - NZD/USD Breaking Supports

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