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Technical Analysis
TECHNICAL ANALYSIS BY NSFX 22.03.2016
HIGH: | LOW:
Support level at 1.3260 giving way and this could offer resistance should bullish sentiment resume. A break below the 1.31 figure and the 1.3060 levels saw bearish action reach the 1.2930 area. Passing the 1.3060 area yesterday and this could offer support going forward once again.
TECHNICAL ANALYSIS BY NSFX 22.03.2016
HIGH: | LOW:
Trading upwards, the Euro has met a resistance level recently towards the 0.79 figure area, should this give way the next levels could be the 0.80 and then the 0.8150 area. Support in the near term expected towards the 0.7770 level and then the 0.7650 area going forward.
TECHNICAL ANALYSIS BY NSFX 22.03.2016
HIGH: | LOW:
Breaking the supporting trend-line at the 112.80 level with resistance towards the 114.50 area. Once again see the 111 figure level support tested twice last month once again come into play holding with three recent days trading around that level. 112.15/20 could offer interim resistance if bullish sentiment returns.