Will the support break down soon ?
Sent: Monday, June 29, 2015 9:38 AM
Subject: ********** Ezion: Back to key 1.00 support, cautions any breakdown, price 1.03
Subject: ********** Ezion: Back to key 1.00 support, cautions any breakdown, price 1.03
Ezion did not manage to hold above the 1.06 support over the past week and today we have seen it break below 1.04 temp support further on strong volume. Likely to test the 1.00 psychological support level before a clearer direction. Any breakdown from this level can see it trade to 0.90 fast. Longer term trend still pointing downwards with a breakdown below the 1.04 also coinciding with the 20 day MA line. CFD SELL to ride downside below 1.00 further.
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