Technical Analysis
TECHNICAL ANALYSIS BY NSFX 09.03.2016
HIGH: | LOW:
Trading up all last week sees the first pullback taking place below the 0.75 figure level.Support now expected towards the 0.73 figure resistance turned support. The Relative Strength Index shows we entered overbought territory coinciding with the drop off in the AUD
TECHNICAL ANALYSIS BY NSFX 08.03.2016
HIGH: | LOW:
Trading up all last week sees the first pullback taking place below the 0.75 figure level.Support now expected towards the 0.73 figure resistance turned support. The Relative Strength Index shows we entered overbought territory coinciding with the drop off in the AUD
TECHNICAL ANALYSIS BY NSFX 08.03.2016
HIGH: | LOW:
Testing the supporting trend-line at the 112.80 level with resistance towards the 114.50 area. Break below could once again see the 111 figure level support tested twice last month once again come into play. 112.15/20 could offer interim support.