March 7, 2013

CISCO Support and Resistance levels

  • Weekly chart shows resistance level at 22.33
  • Above mentioned weekly resistance is also the Golden ratio in weekly chart which will make it tougher to cross.
  • Daily chart shows price moving up from 50 Day SMA. Recent up moves from 50 SMA has resulted in good moves so this move may target 22.33 level soon.
  • EURUSD TREND UPDATE
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