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| Technical Outlook for Facebook 3-8-2015 |
Facebook share moved last Friday in the average movement of 230 pips, its highest level at 96.26 and the lowest Level at 93.98 and closed at 94.34 to Lose 52 pips during Friday’s Trading.
Facebook share opened today at 93.29
Facebook share is trading in up impulse waves above trend line
We saw the share achieved our target at 94.70
It is expected that facebook share is heading targeting 95.10 as the target on time frame of four hours and until now we see the Bears control on market direction
And the Relative Strength Indicator "RSI" show us the distribution operations at the market
Today we could see violent swing in equity markets because of the economic data from the USA
Support levels: 93.46 and 92.58 and 91.18
Resistance levels: 95.74 and 97.14 and 98.02
More Technical Outlook FxStations
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