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Thursday, September 6, 2012

SYF Formed a strong Hammer ( Bullish Reversal)


SYF Formed a strong Hammer ( Bullish Reversal)




SYF formed a very strong hammer on the support line at 0.645. If today US indices goes green we can seem some action on this counter. We need to make sure there is a Bullish Candlestick ( White Candle) for confirmation.



Support at 0.645/ 0.62
Resistance at 0.73/ 0.745

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