Morning technical analysis – 11 February 2014

The outlook for this pair hasn’t changed much since yesterday, having failed to close above the 50-day SMA. It did close marginally above the 61.8 fib level yesterday and has made further attempts to break higher this morning, which makes it look a little more bullish, but it’s clearly struggling to…

Originally posted here:
Morning technical analysis – 11 February 2014

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